Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) covers the month of June 2026, with the report dated June 1, 2026. The filing serves as a notification of "Other Relevant Information" regarding the execution of the company's third tranche of a share buyback 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 share repurchase activity:
- Total Shares Purchased (May 25–29, 2026): 5,281,752 shares.
- Trading Venue: All transactions occurred on the XMAD (Madrid) exchange.
- Weighted Average Price Range: Between €19.8397 and €20.1889 per share.
- Cash Amount Spent to Date (Third Tranche): €447,926,088.51.
- Program Utilization: Approximately 30.68% of the maximum cash amount for the Third Tranche has been utilized.
Material Changes
The filing details the execution of share purchases between May 25 and May 29, 2026, pursuant to prior inside information notices (CNMV 3046 and 3187). There are no reported material changes to the company's core business operations, asset base, or financial condition outside of the capital allocation for the buyback program.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future earnings, or specific risk factors. It is a compliance disclosure under Regulation (EU) no. 596/2014 regarding market abuse, confirming the transparency of the buyback execution. The document notes that the English version is a translation and the Spanish original prevails in case of discrepancy.
Investor Verification Checklist
- Verify the total remaining capacity of the Third Tranche buyback program (approx. 69.32% remaining).
- Confirm the total number of shares repurchased to date against the company's total outstanding share count to assess dilution impact.
- Review the original Spanish filing for any nuances not captured in the English translation.
- Check subsequent filings for the completion date of the Third Tranche.