WS Investor
07 Mar 2026, 09:24
BBVA completes first €1.5 billion tranche of record share buyback program
BBVA has completed the first €1.5 billion tranche of its extraordinary share buyback program, part of a broader plan of up to €3.96 billion announced in December 2025.
The Spanish bank said the buyback, combined with more than €5.2 billion in dividends linked to 2025 earnings, brings total shareholder returns announced since late 2025 to over €9.2 billion. BBVA also plans to pay a record total dividend of €0.92 per share, including a final €0.60 payment expected in April 2026 subject to shareholder approval.
The remaining €2.5 billion of the buyback program will be executed in future tranches pending approvals, with repurchased shares set to be cancelled to reduce share capital and support earnings per share growth.
BBVA has completed the first €1.5 billion tranche of its extraordinary share buyback program, part of a broader plan of up to €3.96 billion announced in December 2025.
The Spanish bank said the buyback, combined with more than €5.2 billion in dividends linked to 2025 earnings, brings total shareholder returns announced since late 2025 to over €9.2 billion. BBVA also plans to pay a record total dividend of €0.92 per share, including a final €0.60 payment expected in April 2026 subject to shareholder approval.
The remaining €2.5 billion of the buyback program will be executed in future tranches pending approvals, with repurchased shares set to be cancelled to reduce share capital and support earnings per share growth.