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RNS Number : 5982O Banco Santander S.A. 01 February 2023
Banco Santander, S.A. (the "Bank" or "Banco Santander"), in compliance with
the Securities Market legislation, hereby communicates the following:
OTHER RELEVANT INFORMATION
End of the Buy-back Programme
Reference is made to our notice of inside information of 21 November 2022
(official registry number 1669), relating to the buyback programme of own
shares (the "Buy-back Programme" or the "Programme") approved by the Board of
Directors of Banco Santander. The Bank informs that, after the last
acquisitions mentioned below, the maximum investment provided for in the
Buy-back Programme was reached, having acquired a total of 340,406,572 own
shares, representing approximately 2.03% of the Bank's share capital, for an
aggregated amount of approximately 979 million euros (equivalent approximately
to 20% of the Group's underlying profit for the first half of 2022). The
acquisition of shares under the Buy-back Programme has been communicated on a
regular basis, pursuant to the provisions of article 2.2 and 2.3 of the
Commission Delegated Regulation (EU) No. 2016/1052. The Buy-back Programme has
therefore been terminated as a consequence of the above and in accordance with
the terms set out when it was announced.
As disclosed when the Buy-back Programme was launched, its purpose was to
reduce the Bank's share capital by redeeming the shares acquired thereunder.
The capital reduction, approved under section 7 D of the Agenda at the 2022
Ordinary General Shareholders' Meeting, second call held on 1 April 2022, will
be implemented as soon as the relevant regulatory authorization from the
European Central Bank is received.
Last transactions executed under the Programme.
Moreover, pursuant to article 5 of Regulation (EU) no. 596/2014 on Market
Abuse of 16 April 2014, and articles 2.2 and 2.3 of Commission Delegated
Regulation (EU) 2016/1052, of 8 March 2016, the Bank informs -on the basis of
the information received from Goldman Sachs International as intermediary in
charge of executing the Buy-back Programme- that the transactions executed as
part of the Buy-back Programme, between 26 and 31 January 2023 (both
inclusive) were as follows:
Date Security Transaction Trading venue Number of shares Weighted average price (€)
26/01/2023 SAN Purchase XMAD 5,814,932 3.1676
27/01/2023 SAN Purchase XMAD 1,653,320 3.1766
27/01/2023 SAN Purchase CEUX 713,817 3.1752
30/01/2023 SAN Purchase XMAD 6,507,971 3.1949
30/01/2023 SAN Purchase CEUX 2,000,000 3.1942
31/01/2023 SAN Purchase XMAD 3,494,682 3.2185
31/01/2023 SAN Purchase CEUX 1,494,486 3.2187
TOTAL 21,679,208
Issuer name: Banco Santander, S.A. - LEI 5493006QMFDDMYWIAM13
Reference of the financial instrument: ordinary shares - Code ISIN
ES0113900J37
Detailed information of the transactions carried out within the referred
period is attached as Annex I.
Boadilla del Monte (Madrid), 1 February 2023
ANNEX I
Detailed information on each of the transactions carried out within the
context of the Buy-back Programme between 26 and 31 January 2023 (both inclu
(https://www.santander.com/content/dam/santander-com/es/documentos/cumplimiento/do-anexo-i-26-a-31-enero.pdf)
sive
(https://www.santander.com/content/dam/santander-com/es/documentos/cumplimiento/do-anexo-i-26-a-31-enero.pdf)
)
(https://www.santander.com/content/dam/santander-com/es/documentos/cumplimiento/do-anexo-i-26-a-31-enero.pdf)
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