Banco Bilbao Vizcaya Argentaria (BBVA) announced it has completed a €1.0 billion tranche of its ongoing share buyback program, repurchasing nearly 53 million shares, equivalent to about 0.94% of its share capital.

The shares acquired between March 23 and April 17, 2026 will be canceled to reduce share capital, enhancing shareholder value. The buyback forms part of BBVA’s €3.96 billion extraordinary program announced in December 2025, with approximately €1.46 billion still remaining.

The bank highlighted its strong capital position and reiterated its commitment to shareholder returns through both ordinary dividends and share buybacks.