BBVA launches EUR 1 billion share buyback tranche under EUR 2 billion program
BBVA•BBVA•BBVA•BBVA•A first tranche of up to EUR 1 billion starts Aug. 5, 2026, capped at 483,221,729 shares.
Execution is scheduled to end no earlier than Sept. 14, 2026, no later than Oct. 9, 2026, subject to early suspension.
BBVA launched a new share buyback framework of up to EUR 2 billion to reduce share capital via cancellation.
The ECB authorized buybacks and cancellations up to EUR 2 billion through July 16, 2027; the full amount was deducted from CET1.
HSBC Continental Europe will run the tranche independently; purchases will be made on Spanish and selected European trading venues.
