Business Context and Reporting Period
This Form 6-K filing by Banco Santander, S.A. reports other relevant information for the month of September 2024, specifically detailing share buy-back transactions executed between September 5 and September 11, 2024. The report was filed on September 12, 2024, in compliance with EU Market Abuse Regulation requirements.
Key Financial Metrics
The filing focuses exclusively on capital allocation activities regarding the company's own shares. No revenue, profit, cash flow, or debt metrics are provided in this specific document.
- Total Cash Invested (Period): €257,605,228
- Total Shares Purchased (Period): 18,640,000 ordinary shares
- Programme Utilization: Approximately 16.9% of the maximum investment amount of the Buy-back Programme.
- Trading Venues: XMAD, CEUX, TQEX, AQEU
Material Changes
This filing represents a periodic update on the execution of the Buy-back Programme announced on August 27, 2024. There are no material changes to financial performance or operational strategy reported in this document; it strictly quantifies the volume and cost of recent share repurchases.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future earnings, or discussion of new risks. It confirms the ongoing execution of the Board-approved Buy-back Programme. The weighted average purchase price per share ranged from approximately €4.25 to €4.41 during the reporting week.
Investor Verification Checklist
- Verify the total remaining budget available under the Buy-back Programme (currently ~83.1% unutilized).
- Confirm the total number of shares repurchased to date against the company's total outstanding share count to assess dilution impact.
- Review the attached Annex I (referenced in the filing) for granular transaction timestamps and specific venue execution details.
- Check subsequent filings for updates on the completion or extension of the Buy-back Programme.