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SAN Banco Santander SA

4.83
-0.04 (-0.82%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  -0.04 -0.82% 4.83 4.86 4.81 4.85 1,502,812 22:32:53

Banco Santander to Pay Interim Cash Dividend, Names Hutchins as Vice Chair

26/09/2023 8:43pm

Dow Jones News


Banco Santander (NYSE:SAN)
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By Denny Jacob

 

Banco Santander's board stated plans to pay an interim cash dividend as well as an independent director appointment.

The bank will pay an interim cash dividend against its 2023 results of 8.10 European cents (86 cents), a 39% increase compared with a year earlier. The interim dividend will be paid on Nov. 2.

The board also agreed to executive a share-repurchase program for about 1.31 billion euros ($1.39 billion) pending regulatory approval.

Santander's board appointed Glenn Hutchins as vice chair and lead independent director, effective Oct. 1. Hutchins, who joined Santander's board in 2022 as a non-executive director, will replace Bruce Carnegie-Brown, who will retire from the board in 2024 after more than nine years, the company said.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

September 26, 2023 15:28 ET (19:28 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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