Santander Reduces Share Capital by 1.03% Through Cancellation of 150,595,100 Shares

Description

(AWP Alliance News) - Banco Santander announced on Oct. 28, 2026, a EUR 75.3 million capital reduction through the cancellation of 150,595,100 shares, representing approximately 1.03% of its share capital. The completed buyback reached its EUR 1.83 billion investment limit.

The cancellation will leave share capital of EUR 7.2 billion, represented by 14,405,887,701 shares. Across 11 buyback programs since November 2021, cumulative cancellations will total 3,264,600,039 shares, or approximately 18.8% of shares outstanding at that date.

Final purchases totaled 31,295,100 ordinary shares between Oct. 22 and Oct. 28, 2026, as follows: | Date | Trading venue | Shares purchased | Weighted average price (EUR) | |---|---|---:|---:| | Oct. 22, 2026 | XMAD | 4,000,000 | 11.6053 | | Oct. 22, 2026 | CEUX | 2,362,207 | 11.5677 | | Oct. 22, 2026 | TQEX | 365,897 | 11.5945 | | Oct. 22, 2026 | AQEU | 771,896 | 11.5875 | | Oct. 23, 2026 | XMAD | 2,700,000 | 11.463 | | Oct. 23, 2026 | CEUX | 1,712,626 | 11.4418 | | Oct. 23, 2026 | TQEX | 346,136 | 11.4503 | | Oct. 23, 2026 | AQEU | 741,238 | 11.4399 | | Oct. 26, 2026 | XMAD | 5,680,000 | 11.0676 | | Oct. 26, 2026 | CEUX | 958,085 | 11.0719 | | Oct. 26, 2026 | TQEX | 297,757 | 11.0288 | | Oct. 26, 2026 | AQEU | 464,158 | 11.0541 | | Oct. 27, 2026 | XMAD | 3,168,294 | 11.1691 | | Oct. 27, 2026 | CEUX | 147,698 | 11.1437 | | Oct. 27, 2026 | TQEX | 103,093 | 11.1352 | | Oct. 27, 2026 | AQEU | 80,915 | 11.1478 | | Oct. 28, 2026 | XMAD | 3,095,100 | 10.8274 | | Oct. 28, 2026 | CEUX | 3,007,372 | 10.7639 | | Oct. 28, 2026 | TQEX | 417,876 | 10.8511 | | Oct. 28, 2026 | AQEU | 874,752 | 10.8259 |

Disclaimer: This news brief was created using generative artificial intelligence. Banco Santander SA published the original content used to generate this news brief via RNS, the regulatory disclosure system operated by the London Stock Exchange, on October 29, 2026, and is solely responsible for the information contained therein.