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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 | |
---|---|---|---|---|---|---|---|---|
-0.29 | -5.75% | 4.75 | 4.895 | 4.80 | 4.86 | 4,540,012 | 23:19:32 |
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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