MADRID - Banco Santander (BME: SAN ) S.A., the Spanish banking giant, has reported significant progress in its ongoing share buyback program, having repurchased approximately 12.9% of its outstanding shares since 2021. Between Monday, February 20, 2025, and Sunday, February 26, 2025, the bank executed transactions totaling €280,829,090, representing 17.7% of the maximum investment amount allocated for the buyback. The buyback program, which was initially communicated on February 5, 2025, is part of the bank's strategy to manage its capital effectively. During the week, Banco Santander acquired 12.3 million shares across various trading venues, including the Madrid Stock Exchange (XMAD), CBOE Europe (CEUX), Turquoise (TQEX), and AQEU. The weighted average prices of the shares purchased ranged from €5.8496 to €6.1665. The bank's buyback initiative is in accordance with the EU Market Abuse Regulation, which stipulates strict guidelines for such financial activities.