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Banco Santander corrects share count in recent buyback report

EditorRachael Rajan
Published 11/17/2023, 05:24 AM
© Reuters.

MADRID - Banco Santander (BME:SAN) has issued a correction to its current report on share transactions under its buyback program, rectifying a significant miscalculation. The bank announced today that the total number of shares repurchased from November 8 to November 15 is now accurately reported as 8,362,593, a substantial increase from the initially stated figure of 3,967,394.

The updated figures have been made available for public viewing and confirm that aside from the corrected share count, all other details in the report remain unchanged. The adjustment does not affect any other elements related to Banco Santander's obligations towards its shareholders and regulatory authorities.

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