Company: BCDRF
Filing Date: 2025-07-01
Form Type: CB/A
Source: 0000950103-25-008230
Chunk: 0

Company: Banco Santander, S.A.
Filing Date: 2025-07-01
Form: CB/A
Chunk 0
---
<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form CB/A

TENDER OFFER/RIGHTS OFFERING NOTIFICATION
FORM

(Amendment No. 2)</div>

Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to file this Form:

| Securities Act Rule 801 (Rights Offering)             | ☐ |
| Securities Act Rule 802 (Exchange Offer)              | ☐ |
| Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer)   | ☒ |
| Exchange Act Rule 14d-1(c) (Third Party Tender Offer) | ☐ |
| Exchange Act Rule 14e-2(d) (Subject Company Response) | ☐ |
| Filed or submitted in paper if permitted              
 by Regulation S-T Rule 101(b)(8)                      | ☐ |

| Banco Santander, S.A.                                                                                                     |
| (Name of Subject Company)                                                                                                 |
| N/A                                                                                                                       |
| (Translation of Subject Company’s Name into English (if applicable))                                                      |
| Kingdom of Spain                                                                                                          |
| (Jurisdiction of Subject Company’s Incorporation or Organization)                                                         |
| Banco Santander, S.A.                                                                                                     |
| (Name of Person(s) Furnishing Form)                                                                                       |
| EUR 1,500,000,000 4.375 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities |
| (Title of Class of Subject Securities)                                                                                    |
| N/A                                                                                                                       |
| (CUSIP Number of Class of Securities (if applicable))                                                                     |
| José Antonio Soler Ramos                                                                                                  
 Banco Santander, S.A.                                                                                                     
 Ciudad Grupo Santander - 28660 Boadilla                                                                                   
 del Monte Madrid, Spain                                                                                                   
 Tel: +34 912 89 32 81                                                                                                     |
| (Name, Address (including zip code) and Telephone Number (including area code) of Person(s)                               
 Authorized to Receive Notices and Communications on Behalf of Subject Company)                                            |
| Copies to:                                                                                                                
 Pedro J. Bermeo                                                                                                           
 Davis Polk & Wardwell LLP                                                                                                 
 450 Lexington Avenue                                                                                                      
 New York, NY 10017                                                                                                        
 +1 212 450 4000                                                                                                           |
| June 24,