Trending: BBVA Launches Second Extraordinary Share Buyback in Two Years
02 Octubre 2023 - 7:07AM
Noticias Dow Jones
1127 GMT - Banco Bilbao Vizcaya Argentaria is among the most
mentioned companies across news items over the past 12 hours,
according to Factiva data, after the Spanish bank said it will
begin buying back shares as of Monday. The bank said that it
received authorization to launch a 1 billion euro ($1.06 billion)
share buyback program. The bank intends to acquire 564.6 million
shares during the buyback which is scheduled to end no later than
Sept. 21 of next year, the bank said. The European Central Bank
green-lit the buyback plan which was disclosed back in July. This
is the bank's second extraordinary buyback over the last two years.
In April BBVA finished a EUR422 million buyback and in August 2022
it completed a EUR3.16 billion buyback. Dow Jones & Co. owns
Factiva. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
October 02, 2023 07:52 ET (11:52 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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