The SAN share is listed as an ordinary share on the Continuous Market in Spain, as well as in Mexico and Warsaw. In New York it is listed as an ADR and in London as a CDI.

Check the different SAN share prices in the various markets. The share prices shown have a 15 minute delay.

In application of the shareholder remuneration policy, the board of directors approved the first remuneration cycle charged against 2025 results, which will be made in two parts:

• The payment of an interim cash dividend against 2025 results of €11.50 cents per share, equivalent to c.25% of the Group’s underlying profit in H1’25, 15% higher than its 2024 equivalent, which was paid in November 2025. Including the €11.00 cent dividend per share paid in May 2025, the cash dividend per share paid during 2025 has been 15% higher than that paid in 2024.
• A share buyback programme against 2025 results of up to €1.7 billion, which commenced on 31 July 2025 once the applicable regulatory approval had been obtained.

This programme puts us on track to reach our goal to distribute at least €10 billion through share buybacks charged against 2025 and 2026 results and against expected capital excess*.

Total shareholder remuneration charged against H1’25 results will be approximately €3,400 million, 11% higher than the remuneration charged against H1’24 results. The amount is approximately 50% of H1’25 attributable profit (around 25% through cash dividend payments and around 25% through share buybacks).

At the end of the quarter, TNAV per share was €5.56. Including the final cash dividend against 2024 results and the interim cash dividend charged against 2025 results, TNAV per share increased 15% year-on-year.

^{*As previously announced, Santander intends to allocate at least €10bn to shareholders through share buybacks charged against 2025 and 2026 results and against the expected capital excess. This share buyback target includes i) buybacks that are part of the existing shareholder remuneration policy; and ii) additional buybacks following the publication of annual results to distribute year-end excesses of CET1 capital. The implementation of the shareholder remuneration policy and additional buybacks are subject to future corporate and regulatory decisions and approvals.}

Further information on shareholder remuneration can be found in the following sections of this website:

• Dividends
• Share buybacks and why they’re important to shareholders
• Prices of latest reinvestments (PDF 160 Kb) (Only available in Spanish)
• The most recent and historical dividend payments are shown in the table below.

Here are the most relevant indexes:

Listed below are the increases/reductions in capital which Banco Santander has developed over the periods described.

As communicated by “other relevant information” registered with the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) on 3 June 2025 with registration number 35106, the board executive committee, in accordance with the delegations granted by the ordinary general shareholders’ meeting and the board of directors, has resolved on the Bank’s share capital reduction through a cancellation of own shares acquired in the share buy-back programme, the beginning and termination of which Banco Santander properly notified to the market through the notice of inside information published on 5 February 2025 with registration number 2584 and the aforementioned notice of other relevant information published on 3 June 2025 with registration number 35106, respectively.

Banco Santander’s share capital has been reduced by EUR 133,583,475 through the cancellation of 267,166,950 own shares. Consequently, the resulting Bank’s share capital has been set at EUR 7,442,662,686, represented by 14,885,325,372 shares with a nominal value of EUR 0.50 each, all of them of the same class and series.

The public deed recording the corporate resolutions on the capital reduction and the consequent amendment of Article 5 of the Bank’s By-laws has been registered in the Commercial Registry of Santander, on 6 June 2025. On 13 June 2025, took place the delisting of the 267,166,950 cancelled shares from the Spanish and foreign stock exchanges or stock markets on which the Bank’s shares are listed, and the cancellation of the book-entry records of the cancelled shares before the competent bodies will both be requested.