BBVA Share Buyback: €1 Billion Repurchased! | Financial News

Описание: BBVA completes a massive share buyback program, spending nearly €1 billion to repurchase its own shares. This strategic move is part of the bank's plan to reward shareholders and boost shareholder value. Here's what you need to know:
BBVA successfully executed a €993 million share buyback, part of its 2024 shareholder remuneration.
The bank aims to return a whopping €36 billion to shareholders by 2028, with €13 billion in the short term.
This latest buyback program reduced BBVA's share capital by 0.93%, positively affecting earnings per share (EPS).
BBVA has a history of share buybacks, including €422 million in 2022 and €781 million in 2023.
The bank has also completed two extraordinary shareholder distributions, totaling €4.16 billion.
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