The Bank Board of Directors of the Santander has approved the payment of a, charged to the results of 2025, of 11.5 cents per share, equivalent to 25% of the benefit, according to a relevant fact sent to the market regulator, the CNMV. The new payment involves increasing the 11 cents announced last February.
With this payment, the total amount that will be returned to shareholders as remuneration on account of 2025 will be about 3.4 billion euros, half in the form of a cash dividend and the other half through the program of repurchase of current shares.
The bank has indicated that the payment will be made from November 3. In this way, the last day of negotiation of the action with the right to collection of the said dividend will be on October 29, the action will quote ex-dividend on October 30 and the date of registration (record date) It will be October 31. The Santander action rises 1.16% in the stock market after the announcement.
Santander has indicated that it will allocate a minimum of 10,000 million euros to repurchases of shares charged to the results of 2025 and 2026 and the excess capital. These repurchases will be additional to the ordinary distribution of cash dividends.
The Bank president, Ana Botín, said that since the celebration of the Day investor of the year 2023, “the cash dividend is on their way to double, which demonstrates the success of our strategy.”
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