Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) covers the period of February 2026, specifically reporting on share buyback activities executed between February 9 and February 13, 2026. The report serves as an update to a prior inside information notice dated December 19, 2025, regarding the execution of the first tranche of a share repurchase program.
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 capital allocation for the share buyback program:
- Cash Amount Purchased to Date: €1,045,068,244.74
- Percentage of First Tranche Maximum: Approximately 69.67%
Material Changes
There are no material changes to the company's financial condition or operations reported in this filing. The document solely details the progress of the ongoing share repurchase program, noting that nearly 70% of the authorized cash amount for the first tranche has been utilized as of February 13, 2026.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of new risks and contingencies. It is a compliance disclosure pursuant to Article 5 of Regulation (EU) no. 596/2014 on market abuse, confirming transactions executed by J.P. Morgan SE as the manager of the First Tranche.
Key Facts for Investor Verification
- Verify the total maximum cash amount authorized for the First Tranche to confirm the remaining capacity for repurchases (currently ~30.33% remaining).
- Confirm the total number of shares repurchased to date, as the filing only discloses the aggregate cash value (€1,045,068,244.74).
- Review the original December 19, 2025, inside information notice (Registration No. 3046) for the full terms and conditions of the buyback program.