BBVA to Launch $1.1 Billion Buyback After ECB Approval
02 Ottobre 2023 - 8:26AM
Dow Jones News
By Adria Calatayud
Banco Bilbao Vizcaya Argentaria is launching a share buyback
program of up to 1 billion euros ($1.06 billion) after it received
authorization from the European Central Bank.
The Spanish bank said Monday that the buyback program, under
which it intends to repurchase up to 564.6 million shares, will
start Monday and end no later than September 2024.
BBVA said in July it had requested ECB authorization to launch a
buyback program alongside its second-quarter results.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
October 02, 2023 02:11 ET (06:11 GMT)
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