Banco Santander stock reports EUR 696.8 million buyback progress

Banco Santander stock (ISIN ES0113900J37) stood at EUR 12.61 on the MCE on September 24, 2026, down EUR 0.09 or 0.69 percent from the previous close. The bank had deployed EUR 696,824,000 on share buybacks through September 23, equal to 38.2 percent of the program's maximum investment amount.

Buyback reaches EUR 696.8 million

According to StockTitan, the September 24, 2026 filing covered purchases made between September 17 and September 23. The transactions totaled 10,900,000 ordinary shares, including purchases on the Madrid venue at weighted average prices of EUR 12.9668, EUR 12.6700, EUR 12.7150, EUR 12.6744 and EUR 12.6638 across the reported sessions.

The program has also repurchased 18.3 percent of Santander's outstanding shares as of 2021, according to the same September 24 filing. That comparison gives the current EUR 696.8 million outlay a longer-term capital allocation context.

H1 profit rises 15 percent

In the first half of 2026, underlying profit reached EUR 7.3 billion, up 15 percent year over year, while underlying EPS increased 20 percent. Santander's investor-relations page also reports a 15.6 percent underlying RoTE, a 14.0 percent CET1 ratio and a 42.8 percent efficiency ratio for H1 2026.

According to Santander, the H1 figures are year-over-year changes. The combination of 20 percent underlying EPS growth and a 14.0 percent CET1 ratio makes profitability and capital strength the central measures for assessing the buyback alongside the share price.

Stock remains below yearly high

Banco Santander stock was EUR 12.61 on the MCE on September 24, 2026, with an intraday decline of 0.69 percent. The price was 3.89 percent below the 52-week high of EUR 13.12 and 55.68 percent above the 52-week low of EUR 8.10.

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