BBVA jumps as shares turn ex-dividend ahead of €0.60 payout and buyback
BBVA shares are jumping as the stock goes ex-dividend on April 8, 2026 ahead of a €0.60 per-share cash dividend payable April 10. Investors are also focusing on BBVA’s ongoing €1 billion share buyback tranche that began March 23, supporting shareholder returns.
1. What’s driving BBVA today
BBVA is moving higher as the stock enters its dividend event window, with shares trading ex-dividend on Wednesday, April 8, 2026. BBVA has scheduled a final 2025 cash dividend of €0.60 per share to be paid on Friday, April 10, 2026, with the record date on April 9, 2026.
2. Dividend mechanics investors are trading around
The key dates for the final dividend are: last trading day with dividend rights on April 7, 2026; ex-dividend date April 8, 2026; record date April 9, 2026; and payment date April 10, 2026. BBVA has described the €0.60 payment as the second payment of a record 2025 dividend, following an earlier interim dividend in November 2025.
3. Buyback support in the background
Beyond the dividend, BBVA is executing an extraordinary share repurchase program, including a second tranche of up to €1 billion that began on March 23, 2026, after completing a €1.5 billion first tranche. Recent disclosures in Spain indicated the bank had already completed close to half of the second tranche early in April, reinforcing the market narrative of elevated capital returns.