Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000111
Chunk: 36

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 36
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 2025, the bank confirmed its goal to distribute at least EUR 10 billion in share buybacks charged against 2025 and 2026 results and excess capital.

The implementation of the shareholder remuneration policy and the aforementioned share buybacks are subject to future corporate and regulatory decisions and approvals. Share price performance Santander's shares are listed on five markets: on four exchanges in Spain (Madrid, Barcelona, Bilbao and Valencia), in the US (as an ADR), in the UK (as a CDI), in Mexico (Sistema Internacional de Cotizaciones) and in Poland. Q2 2025 was marked by increased risk appetite and a recovery in the stock market. This rebound was supported by temporary pauses in tariffs with the UK and China, ongoing negotiations with the EU, and a recent US court ruling against certain tariffs. In commodities, gold continued its upward trajectory and reached all-time highs, consolidating its position as one of the strongest safe-haven assets. In this context, in global financial markets, equity markets performed well with widespread gains. As of 30 June 2025, Santander’s share price had increased by 57.4%, significantly outperforming the performance of both the sector and the broader European market. In the banking sector, the Eurostoxx Banks, the eurozone's main index, increased 37.6% year to date, while the DJ Stoxx Banks rose 29.1% and the MSCI World Banks increased 21.9%. The other main indices also closed up in the quarter, but rose less (Ibex 35 +20.7% and DJ Stoxx 50 +3.4%).

| Share price       |     |                   |
| START31/12/2024   |     | END30/06/2025     |
| €4.465            |     | €7.027            |
| Maximum23/05/2025 |     | Minimum02/01/2025 |
| €7.195            |     | €4.255            |

| Comparative share performance |

| January - June2025 |     | 25 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |
|                       |     | Santander share             |     |                                  |     |                      |     |          |     |       |

Market capitalization and trading As