Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) covers the period of September 2026, with the report dated September 21, 2026. The filing serves as a disclosure of "Other Relevant Information" regarding the execution of a share buyback program approved by the Board of Directors on July 29, 2026.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity ratios. The only financial data disclosed relates to the capital allocation for the share repurchase program:
- Buyback Program (First Tranche): Cash amount of shares purchased to date is €814,322,682.18.
- Program Progress: This amount represents approximately 81.43% of the maximum cash amount authorized for the First Tranche.
- Transaction Period: Transactions occurred between September 14 and September 18, 2026.
Material Changes
The filing reports a material update to the status of the First Tranche of the share buyback program. Since the previous notice on July 30, 2026, the company has executed additional transactions, bringing the total utilization of the tranche to over 81% of its maximum limit.
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 procedural, confirming compliance with Regulation (EU) no. 596/2014 on market abuse regarding the execution of the buyback. No unusual items or contingencies are mentioned.
Investor Verification Checklist
- Verify the total maximum cash amount authorized for the First Tranche to confirm the remaining capacity (approx. 18.57%).
- Confirm the average price per share paid during the September 14–18 transaction window.
- Check for subsequent filings regarding the completion of the First Tranche or the initiation of a Second Tranche.
- Review the original Spanish filing for any discrepancies, as the English version is a translation for information purposes only.