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SAB Banco De Sabadell, S.a News Story

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Brief: Sabadell Starts Treasury Share Buyback Program For Up To 435 Mln Euros

Feb 9 (Reuters) - Banco de Sabadell SA SABE.MC:

STARTS SHARE BUYBACK PROGRAM MAXIMUM AMOUNT 435 MILLION EUROS

MAXIMUM NUMBER OF SHARES WILL NOT EXCEED 502.4 MILLION SHARES

NUMBER OF SHARES COULD BE LOWER WHICH, WHEN ADDED TO OTHER TREASURY SHARES HELD BY SABADELL AT ANY GIVEN TIME, REPRESENT 10% OF SHARE CAPITAL

PURPOSE TO REPURCHASE OWN SHARES FOR SUBSEQUENT CANCELLATION THROUGH CAPITAL REDUCTION

BUYBACK PROGRAMME WILL END NO LATER THAN DECEMBER 31

Source text: ID:nCNM8RFjM5

Further company coverage: SABE.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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