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| Name | Symbol | Market | Type |
|---|---|---|---|
| Banco Santander SA | NYSE:SAN | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.125 | 2.55% | 5.025 | 5.06 | 5.02 | 5.03 | 2,429,281 | 20:29:50 |
From May 2019 to May 2024
By Aisha Al-Muslim
An American subsidiary of Madrid-based Banco Santander S.A. (SAN) plans to increase its quarterly cash dividend and repurchase up to $1.1 billion in shares.
Santander Holdings USA Inc., a wholly-owned subsidiary of Banco Santander, will make common dividends payments to Banco Santander of $125 million per quarter.
Santander Holdings USA's majority-owned subsidiary Santander Consumer USA Holdings Inc. authorized the share repurchase program through the end of the second quarter of 2020. The subsidiary will also hand out a quarterly dividend of 22 cents a share, an increase from 20 cents a share.
Santander Holdings USA is the parent company of six financial companies, including Santander Bank, with about 17,000 employees, 5.2 million customers and assets of more than $154.6 billion.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
June 28, 2019 16:50 ET (20:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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