BME:SANBanks
Banco Santander Reshapes Portfolio With Record Profit And Major Buyback Plan
Banco Santander reported record quarterly profits, supported by a substantial gain from the sale of Santander Bank Polska.
The group announced a multi billion euro share buyback program alongside these results.
Regulators have cleared Banco Santander to proceed with its planned acquisition of UK based TSB, which the bank now expects to complete shortly.
The recent moves put Banco Santander (BME:SAN) firmly in focus for investors watching large European banks. The shares last closed at...