Santander bought 21.6 million shares: Banco Santander stock is 7.47 percent below its high

Published on 10/09/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The buyback reached EUR 1.18 billion by October 7, 2026. Banco Santander stock costs EUR 12.14 on October 9, 2026 after EUR 12.07, plus 0.58 percent.

Key points in brief

Banco Santander reported 21.6 million shares repurchased between October 1 and October 7, 2026.
The buyback reached EUR 1.18 billion, or 64.4 percent of its maximum investment amount, by October 7, 2026.
The Lang & Schwarz price was EUR 12.14 on October 9, 2026, plus 0.58 percent versus EUR 12.07.

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Banco Santander (ISIN ES0113900J37) had bought 21.60 million shares between October 1 and October 7, 2026, according to TradingView on October 8, 2026. The Lang & Schwarz price was EUR 12.14 on October 9, 2026, 7.47 percent below the EUR 13.12 52-week high.

Three buyback milestones

On January 9, 2026, Santander completed the sale of 49 percent of Santander Bank Polska, according to Santander. On August 10, 2026, the bank announced the buyback program, and on October 8, 2026, it reported 21.60 million shares purchased during the October 1 to October 7 period, according to TradingView.

What does the buyback mean for capital returns

The program had used EUR 1.18 billion by October 7, 2026, equal to 64.4 percent of its maximum investment amount. Santander had also repurchased 18.5 percent of the shares outstanding in 2021, while the October transactions included purchases at weighted average prices from EUR 11.75 on October 2 to EUR 12.47 on October 6, according to Investing.com. The figures place the buyback close to two-thirds of its authorized size and show that capital returns are being delivered through both repurchases and dividends.

Santander said on September 29, 2026 that it had raised the interim cash dividend by 10 percent to EUR 0.127 per share against first-half 2026 results. The dividend represents 25 percent of first-half underlying profit, while total interim shareholder remuneration is set at EUR 3.7 billion.

Upcoming results and dividend dates

The investor calendar lists the 9M 2026 earnings presentation for October 28, 2026, according to Santander. The interim dividend is scheduled for payment on November 2, 2026, according to Santander.

Stock remains below its yearly high

Banco Santander stock was trading at EUR 12.14 at Lang & Schwarz on October 9, 2026 at 11:24 a.m. CEST, plus 0.58 percent versus the prior close of EUR 12.07 on October 8, 2026. Its market capitalization was EUR 178.0 billion, and the 52-week range was EUR 8.10 to EUR 13.12, both as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.