Santander repurchases 17.5 million shares. Banco Santander stock gains 2.55 percent

Published on 10/05/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Underlying profit rose 15.00 percent to EUR 7.33 billion in first-half 2026. Banco Santander stock costs EUR 12.08 on October 5, 2026 versus EUR 11.78.

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Banco Santander (ISIN ES0113900J37) bought 17.5 million of its own shares between September 24 and September 30, 2026, while Banco Santander stock was trading at EUR 12.08 at Lang & Schwarz on October 5, 2026 at 9:42 a.m. CEST, up 2.55 percent versus the prior close of EUR 11.78. As Investing.com reported on October 1, 2026, the purchases were part of Santander's approved buyback program.

Buyback passes EUR 915.9 million

By September 30, 2026, cash spent under the program had reached EUR 915.9 million, equal to 50.2 percent of its maximum investment amount, according to Investing.com. That makes the repurchase program a material part of the bank's shareholder-return plan alongside its cash dividend.

First-half profit rises 15.00 percent

For the first half of 2026, Santander reported underlying profit of EUR 7,328 million, up 15.00 percent from the comparable period. Revenue increased 6.00 percent to EUR 30,847 million, while the efficiency ratio improved by 2.90 percentage points to 42.80 percent, according to Santander. The combination of higher revenue and lower operating costs gives the buyback a stronger earnings backdrop than a distribution financed solely through balance-sheet capacity.

Dividend payment is set for November 2

Santander's board approved an interim cash dividend of 12.70 euro cents per share for 2026, a 10.00 percent increase from the previous interim payment. The dividend is payable on November 2, 2026, and total first-half shareholder remuneration is EUR 3.7 billion, according to Santander. The investor calendar also lists the nine-month 2026 earnings presentation for October 28, 2026.

Stock remains 7.93 percent below high

At EUR 12.08, the Lang & Schwarz price stood 7.93 percent below the 52-week high of EUR 13.12 and above the 52-week low of EUR 8.10 on October 5, 2026. The reference price is an intraday indication for investors in Germany, while the Madrid listing remains the primary exchange for Banco Santander ordinary shares.

EUR 12.08 in trading

Banco Santander stock was trading at EUR 12.08 at Lang & Schwarz on October 5, 2026 at 9:42 a.m. CEST, plus 2.55 percent versus the prior close of EUR 11.78 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.