1127 GMT - Banco Bilbao Vizcaya Argentaria is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, after the Spanish bank said it will begin buying back shares as of Monday. The bank said that it received authorization to launch a 1 billion euro ($1.06 billion) share buyback program. The bank intends to acquire 564.6 million shares during the buyback which is scheduled to end no later than Sept. 21 of next year, the bank said. The European Central Bank green-lit the buyback plan which was disclosed back in July. This is the bank's second extraordinary buyback over the last two years. In April BBVA finished a EUR422 million buyback and in August 2022 it completed a EUR3.16 billion buyback. Dow Jones & Co. owns Factiva. (pierre.bertrand@wsj.com)

(END) Dow Jones Newswires

October 02, 2023 07:52 ET (11:52 GMT)

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