Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) covers the month of February 2026, with a report date of February 2, 2026. The filing discloses "Other Relevant Information" regarding the execution of the first tranche of a share buyback program, previously announced on December 19, 2025.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data disclosed relates to the share repurchase program:
- Cash Amount Purchased: 641,989,930.39 Euros.
- Program Progress: Approximately 42.80% of the maximum cash amount for the First Tranche has been utilized.
- Transaction Period: January 26, 2026, to January 30, 2026.
Material Changes
The material change reported is the progression of the First Tranche share buyback. BBVA executed transactions between January 26 and January 30, 2026, bringing the total cash spent to over 641 million Euros. This represents a significant portion (42.80%) of the authorized amount for this specific tranche.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future earnings, or discussion of general business risks. The disclosure is strictly a regulatory notification under Article 5 of Regulation (EU) no. 596/2014 regarding market abuse, confirming the execution of the buyback program based on information from the tranche manager, J.P. Morgan SE.
Investor Verification Checklist
- Verify the total maximum cash amount authorized for the First Tranche to calculate the remaining buyback capacity.
- Confirm the current share price to estimate the number of shares repurchased with the 641.99 million Euro outlay.
- Review the original December 19, 2025, inside information notice (Registration No. 3046) for the full terms of the buyback program.
- Check subsequent filings for updates on the completion of the First Tranche or the initiation of additional tranches.