Banco Santander, S.A. Form 6-K Summary
Business context and reporting period
Banco Santander, S.A. filed a Form 6-K for September 2026, reporting transactions under its previously announced share buyback programme. The filing is dated September 24, 2026, and covers purchases made from September 17 through September 23, 2026, inclusive.
Key financial and capital metrics
- Buyback purchases during the period: 10,900,000 ordinary shares.
- Cumulative cash spent through September 23, 2026: €696.824 million.
- Progress against maximum programme investment: Approximately 38.2%.
- Cumulative shares repurchased: Approximately 18.3% of the Bank’s outstanding shares as of 2021.
- Reported transaction prices: Weighted average prices ranged from €12.5928 to €12.9668 per share across the listed transactions.
The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating-performance metrics for the reporting period.
Material changes versus the prior comparable period
The filing reports only the latest share repurchase transactions and does not provide a comparable prior-period financial statement or operating-performance data. It confirms continued execution of the buyback programme announced on August 10, 2026.
Guidance, outlook, risks, contingencies, and unusual items
No new earnings guidance, outlook, risk factors, contingencies, or unusual operating items are disclosed. The principal corporate action reported is the ongoing repurchase of the Bank’s ordinary shares across several trading venues.
Important facts for investors to verify
- Review the original August 10, 2026 buyback commencement communication for the programme’s maximum investment, duration, objectives, and other conditions.
- Verify the detailed transaction data in Annex I, including execution prices and trading venues.
- Assess the effect of the buyback on share count, capital ratios, shareholder distributions, and regulatory capital requirements.
- Confirm subsequent buyback activity and the remaining authorized investment capacity after September 23, 2026.