Companies

banco santander new

Banco Santander launches share buyback programme worth €1,825 million

Report by Link Securities The Board of Directors of Banco Santander (SAN) has approved the implementation of a share buy-back programme for an amount equivalent to approximately 25 per cent of the group’s ordinary profit for the first half of 2026 (i.e. approximately €1.825 million). The relevant regulatory authorisation for the new programme has already been obtained and the programme will be carried out in accordance with the terms set…

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banco santander new

Santander launches offer to acquire remaining 10% as yet not owned of subsidiary in Brazil

The bank offers a 15% premium over the reference price, with a total consideration of up to 1.908 billion euros. It implies applying a 26e PER of 8.2x and a 26e P/BV of 1.1x. Reported by Renta 4Banco Santander has announced its intention to launch an offer to acquire all ordinary shares, preferred shares, units, and American Depositary Shares (ADS) of Santander Brasil that it does not yet own, representing…