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IN BRIEF: Santander suspends buybacks ahead of Webster takeover vote

24th Apr 2026 02:48

Banco Santander SA - Santander, Spain-based lending and financial services firm - Temporarily suspends its buyback programme in accordance with US regulations applicable to its USD12.2 ​billion acquisition of Webster Financial Corp, given that consideration includes shares in Santander. The suspension is effective April 24. Buybacks are expected to resume on May 27, following the vote on the acquisition by Webster shareholders on May 26, with the programme to run through August 20.

Current share price: 902.50 pence

12-month change: up 71%

By Aidan Lane, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.

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