Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000078
Chunk: 6

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 6
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 items), divided approximately equally between cash dividends and share buybacks. The implementation of the shareholder remuneration policy is subject to future corporate and regulatory decisions and approvals.

| January - March2025 |     | 7 |

| Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |
|                       |     | Highlights of the period    |     |                                  |     |                      |     |          |     |       |

| Think Value |

| SHAREHOLDER REMUNERATION |     |                                                 |
| EUR million              |     |                                                 |
| +19%                     |     | higher than cash dividends against 2023 results |
| TNAVps + CASH DPS        |     |                                                 |
| nCash DPS: €10.0 cents   |     |                                                 |
| +14.5%                   |     |                                                 |
| / Mar-24                 |     |                                                 |

u On 4 April 2025, the ordinary general shareholders’ meeting approved a final cash dividend charged against 2024 results in the gross amount of EUR 11.00 cents per share entitled to dividends cash that will be paid from 2 May 2025. Including the interim cash dividend paid in November 2024 (EUR 10.00 cents), the total cash dividend per share paid against 2024 results will be EUR 21.00 cents, around 19% more than the dividends paid against 2023 results. u These dividends are complemented by two share buyback programmes . The first has already been completed for a total of EUR 1,525 million, and the second started on 6 February 2025 after having been approved by the board of directors and having obtained the required regulatory authorization, for a maximum amount of EUR 1,587 million. Following the completion of this second programme, the Group will have repurchased 14% of its outstanding shares since we began our buybacks in 2021. u After both actions have been carried out, total shareholder remuneration against 2024 results is therefore expected to be around EUR 6.3 billion, 13% higher than the remuneration against 2023 results , distributed approximately equally between cash dividends and share buybacks. On 5 February 2025, we announced that the board of directors intends to return up to EUR 10 billion to our shareholders through share buybacks corresponding to 2025 and