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SAN Banco Santander SA

4.75
-0.29 (-5.75%)
30 Apr 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
  -0.29 -5.75% 4.75 4.895 4.80 4.86 4,540,012 23:19:32

Santander Consumer USA Shares Rise as Santander Holdings USA Seeks Full Ownership

02/07/2021 4:27pm

Dow Jones News


Banco Santander (NYSE:SAN)
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From May 2021 to May 2024

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By Robb M. Stewart

 

Santander Consumer USA Holdings Inc.'s shares climbed Friday after Banco Santander SA's wholly-owned American subsidiary pitched an offer for the roughly 20% stake it doesn't already own of the Dallas-based consumer-finance company.

In morning trading, Santander Consumer shares were 11% higher, at $40.35. They have risen 83% so far this year, and have more than doubled over the last 12 months.

Santander Holdings USA Inc. said that it a day earlier offered to buy all outstanding shares of Santander Consumer not already held for $39 a share cash, a 7.4% premium to Wednesday's closing price.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

July 02, 2021 11:17 ET (15:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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