Brief: BBVA To Carry Out Buyback Programme Of Up To €2 Bln In Two Tranches
BRIEF-BBVA To Carry Out Buyback Programme Of Up To €2 Bln In Two Tranches July 30 (Reuters) - Banco Bilbao Vizcaya Argentaria SA BBVA.MC:
TO CARRY OUT NEW BUYBACK PROGRAMME
PURPOSE: TO REDUCE BBVA'S SHARE CAPITAL BY CANCELLING SHARES ACQUIRED.
EXECUTION WILL START ON 5 AUGUST 2026
FIRST TRANCHE WILL END NO EARLIER THAN 14 SEPTEMBER 2026 AND NO LATER THAN 9 OCTOBER 2026
MAXIMUM CASH AMOUNT WILL BE €1 BILLION
MAXIMUM NUMBER OF BBVA SHARES TO BE ACQUIRED WILL BE 483.2 MILLION
SHARE BUYBACK MAXIMUM AMOUNT FOR BOTH THE FIRST AND SECOND TRANCHE AT €2 BILLION
Source text
Further company coverage: BBVA.MC
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Banco Bilbao Vizcaya Argentaria SA
See all newsBrief: BBVA Plans To Work With NVIDIA To Explore Potential Of OpenShell Reference Architecture
Barclays, Jefferies upbeat on Spanish bank fundamentals into Q3 results
Brief: BBVA, Iberdrola And Santander Deliver €150 Syndicated Financing Managed On Blockchain
Spanish stocks - Factors to watch on Oct 14
Brief: BBVA To Carry Out Second Tranche Of Share Buyback Programme Of Up To €1 Bln