Santander expects over 6 bln euros in dividends, buybacks against 2024 results

Credit: REUTERS/Dado Ruvic

MADRID, March 22 (Reuters) - Spain's Santander SAN.MC on Friday said it expected to pay over 6 billion euros ($6.50 billion) in dividends and share buybacks against 2024 results.

The euro zone second-biggest lender by market value also said that the lender's executive chair Ana Botin is expected to confirm at the bank's annual shareholders meeting on Friday that it is on track to meet its 2024 targets.

Shareholders are also expected to approve a total shareholder remuneration of 5.5 billion euros against its record 2023 results.

($1 = 0.9235 euros)

(Reporting by Jesús Aguado; editing by Emma Pinedo)

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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