RE: Previous dividends29 Nov 2022 15:40
§ Maximum price: Banco Santander intends to implement the Buy-Back Programme in a way that causes the average purchase price of shares not to exceed 4.31 euro, corresponding to the tangible book value per share at 30 September 2022.
§ Maximum number of shares: The maximum number of shares that may be acquired pursuant to the Programme will depend on the average price at which they are acquired, but will not exceed 1,530,040,081 shares. Assuming that the average purchase price at which shares are acquired pursuant to the Programme were 2.606 euros (corresponding to the closing price of the Bank's share in the Spanish Stock Exchanges of 18 November 2022), the maximum number of shares that would be acquired would be 375,619,654 (2.24% of the Bank's share capital).