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Buy Back Program - Second Segment

29 Jun 2022 07:00

RNS Number : 5449Q
Banco Bilbao Vizcaya Argentaria SA
28 June 2022
 

Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in compliance with the Spanish Securities Market legislation, hereby proceeds to notify the following:

 

 

INSIDE INFORMATION

 

 

 

Further to the notice of (i) Inside Information of 29 October 2021, with CNMV registration number 1127 (the "Initial II"); (ii) Inside Information of 3 February 2022, with CNMV registration number 1277; and (iii) Inside Information of 16 March 2022, with CNMV registration number 1365 (the "Second Tranche Execution II"), BBVA hereby notifies that:

 

1) It has agreed to complete the Program Scheme[1] by executing the Second Segment[2] for the purpose of reducing BBVA's share capital, for a maximum amount of 1,000 million Euros and a maximum number of BBVA shares to be acquired of 149,996,808.

 

2) The Second Segment, which will also be executed externally, through a lead-manager, is expected to commence on 1 July 2022 and will end no later than 29 September 2022.

 

 

 

BBVA will carry out a separate communication prior to the commencement of the execution of the Second Segment with its specific terms and conditions.

 

 

 

Madrid, 28 June 2022


[1] The term Program Scheme will have the same meaning as provided in the Initial II.

[2] The term Second Segment will have the same meaning as provided in the Second Tranche Execution II.

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