Business context and reporting period
Banco Santander, S.A.’s October 1, 2026 Form 6-K reports transactions under its board-approved share buyback programme. It covers purchases made September 24–30, 2026, inclusive; it is not a periodic financial-results report.
Key figures
| Item | Reported information |
|---|---|
| Shares purchased in the period | 17,500,000 ordinary shares |
| Cash spent cumulatively through September 30 | €915,938,461 |
| Share of programme’s maximum investment amount used | Approximately 50.2% |
| Repurchases relative to outstanding shares as of 2021 | Approximately 18.4% |
| Transaction prices listed | Weighted average prices ranged from €12.4119 to €12.6106 per share |
The filing does not provide a clear value for the programme’s maximum investment amount. It does not report revenue, profit, cash flow, margins, debt, or liquidity metrics.
Changes, outlook, and risks
The filing updates the buyback commencement communication dated August 10, 2026, with transaction details for the stated week. It gives no financial guidance, broader outlook, or discussion of risks, contingencies, or unusual items.
Important facts to verify
- Confirm the programme’s maximum investment amount, remaining authorization, and any completion terms in the August 10 commencement communication.
- Review the attached Annex I for transaction-level details and reconcile them with the reported 17.5 million shares purchased.
- Consider the reported 18.4% figure in light of its stated reference base: outstanding shares as of 2021.