Banco Santander (BME:SAN), a leading Spanish bank, has commenced a share buyback scheme totaling 1.31 billion euros ($1.38 billion), as announced late on Wednesday. The execution of this buyback began today, Thursday, and is set to continue until January 25, 2024, or earlier if the maximum amount is reached.
The remainder of the shareholder remuneration plan for the current year hinges on future corporate and regulatory approvals.
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