Business Context and Reporting Period
This Form 6-K filing by Banco Santander, S.A. covers the period from July 30, 2026, to August 5, 2026, with a report date of August 6, 2026. The document serves as a regulatory disclosure of transactions executed under the Bank's ongoing share buyback programme, in compliance with EU Market Abuse Regulation.
Key Financial Metrics
The filing focuses exclusively on capital allocation activities regarding the repurchase of own shares. No operational financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity are reported in this specific document.
- Total Cash Invested (to date): €4,392,508,241
- Programme Utilization: Approximately 87.3% of the maximum investment amount.
- Shares Repurchased (to date): Approximately 17.7% of outstanding shares (as of 2021).
- Shares Purchased (Reporting Period): 17,500,000 shares.
- Weighted Average Price Range: €12.1766 to €12.7466 per share.
Material Changes
The filing details the acceleration of the buyback programme, noting that the Bank has now utilized 87.3% of the authorized capital. The reporting period saw significant trading volume across two venues (XMAD and CEUX), with the weighted average price per share trending upward from approximately €12.18 on July 30 to €12.75 on August 5.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future earnings, or discussion of new risks or contingencies. It is a factual report of past transactions required by securities legislation. The document references the original "Buyback Commencement Communication" dated February 4, 2026, for the full characteristics of the programme.
Investor Verification Checklist
- Verify the remaining capital available under the buyback programme (approximately 12.7% of the maximum).
- Confirm the total number of outstanding shares to calculate the current percentage of shares held in treasury.
- Review the attached Annex I for granular transaction data not fully detailed in the summary table.
- Check subsequent filings to determine if the programme will be extended or terminated upon reaching the 100% investment cap.