Live Updates > Live Update Details
2025-10-29 17:42:45
[Santander's Business Landscape Transforms! €3.2 Billion Share Buyback Plan Ignites Capital Speculation] ⑴ The CFO of Santander Bank confirmed that the US automotive business continues to outperform expectations. ⑵ The bank expects risk costs for its Brazilian operations to be between 4.7% and 4.8% by the end of 2025. ⑶ The CEO stated that the sale of shares in the Polish subsidiary is progressing as planned and is expected to be completed in the first quarter of 2026. ⑷ The CFO explicitly pledged to strictly implement the €3.2 billion share buyback plan once the Polish asset sale is completed. ⑸ The strong performance of the US automotive business contrasts sharply with the manageable risk costs in Brazil, highlighting regional differences. ⑹ The disposal of the Polish assets will be a key turning point in triggering a large-scale capital return plan, directly impacting shareholder returns. ⑺ The €3.2 billion buyback scale demonstrates management's pursuit of efficient capital allocation and its determination to create shareholder value.
