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Banco Santander S.A. has been actively implementing its buyback program as part of its response to market conditions and shareholder value enhancement initiatives. As of March 26, 2025, the bank has executed transactions for its own shares amounting to approximately €573.5 million, which corresponds to around 36.1% of the maximum planned buyback. This strategic move reflects Banco Santander’s commitment to optimizing its capital structure and returning value to its shareholders amid current market dynamics.
This buyback program, initially communicated on February 5, 2025, underlines the bank's robust financial position and confidence in its future prospects. By engaging in such a significant transaction, Banco Santander aims to bolster its stock price and indicate strong corporate governance practices. Shareholders may view this initiative as a positive sign of the bank’s financial health and strategic focus on maintaining shareholder trust and investment returns.
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Santander stole all my money from my bank account, have you been their victim too? |
Why indeed. This week will be great as will the coming year. A bargain sub 400p. |
BNC is the most hassle free lender, |
Half year results out in a week, maybe will give the share price another leg up . |
Santander staff and '30 million' customers hacked |
graph looks good |
I don't seem to be getting the full dividend. I hold BNC in both my supposedly tax free ISA and Sipp. I think Spanish must be withholding tax. 6.6p is what I got from E0.095. Should be 8.2p.My broker is ii |
We're almost at 400p - div arriving soon. Buybacks continue. |
Tower Resources (TRP) is the Stock to be in |
From the rns today:2024 has started with excellent business and commercial dynamics. We continue growing the number of customers we serve (+2 million) and will increase our income around 9% year-on-year (in current euros) in the first quarter as a result. Costs have now remained flat for three consecutive quarters, resulting in a further improvement in our efficiency ratio to 42.7% which we expect to close in the first quarter, reflecting the impact on both costs and revenue of our ongoing transformation. The cost of risk will be in line with our forecasts for the year, with improved performance in Europe, offsetting the impact of portfolio growth in Latin America, and the expected normalization in Consumer. The capital ratio remains above 12% in line with our target for 2024. We have many growth levers across the group. For example, we expect our Retail business to achieve a return on tangible equity (RoTE) above 16% in Q1, annualizing the impact of the banking tax in Spain which is registered entirely in January 2024, supported by solid performance in South America and Spain. Our Consumer business will show net operating income growth of around 6%, supported mainly by the strength of our business in Europe. As a result, we expect to reach a RoTE for the group of 16% in Q1, annualizing the impact of the banking tax in Spain, with an expected growth of TNAV plus dividend per share above 13% year-on-year, with today's data |
Approaching 5 yr highs. Great momentum. |
What's happened? |
That's an interesting spike this morning of 6% on no news that I can find. Not that far off a 4 yr high now. |
I have an account with ii, all my divs are paid promptly and when directed reinvested cheaply and quickly.BNC seems to be moving up slowly. Quicker would be better. |
Type | Ordinary Share |
Share ISIN | ES0113900J37 |
Sector | Commercial Banks, Nec |
Bid Price | 529.00 |
Offer Price | 530.00 |
Open | 531.00 |
Shares Traded | 258,046 |
Last Trade | 16:35:09 |
Low - High | 525.00 - 534.00 |
Turnover | 63.49B |
Profit | 12.57B |
EPS - Basic | 0.7487 |
PE Ratio | 9.39 |
Market Cap | 90.52B |
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