BBVA Concludes the First Tranche of Its €1 Billion Stock Buyback Programme

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The entity has acquired more than 40 million securities between August and October to amortize them and thus reduce their share capital.

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The entity has acquired 40.2 million securities, equivalent to 0.73% of its capital, between 5 August and 1 October.

Forbes España

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BBVA has concluded the first tranche of the extraordinary €2 billion stock buy-back program that it announced at the end of July, as stated in a statement this Friday. Specifically, between August 5 and October 1, the bank has repurchased shares worth €1 billion. [...] The BBVA ticket completes the first €1 billion of its new €1 billion stock buy-back program aparece primero en Forbes España.