Just three days after completing the share buyback program in which it invested more than €5 billion, Banco Santander has launched a new plan, allocating an additional €1.825 billion with the objective of acquiring 1% of its capital. The entity expects this new plan to extend over “98 trading sessions,” which could extend its execution until January 8, 2027, across the Spanish stock exchange as well as Turquoise Europe, DXE…

Banco Santander has announced that it has completed its share buyback program after reaching the maximum scheduled investment of €5.03 billion. In total, the bank acquired 462,683,139 treasury shares, equivalent to approximately 3.08% of its share capital. The program, regularly reported to the market in accordance with European regulations, aimed to cancel the acquired shares and reduce the share capital, a measure authorized by the European Central Bank (ECB) on…

Jefferies | The print includes a €1.9bn capital gain in relation to the sale of the Polish business. Excluding this, net profit of €3,560m was also a 3% beat. PBT was a 2% miss on higher impairments, with pre-prov profits 3% above consensus. Revenues were a 1% beat, with NII 2% above and fees broadly in line. Costs were a 1% beat, with a C:I ratio in the quarter of…