On 4 July, took place the delisting of the 269,848,953 cancelled shares from the Spanish and foreign stock exchanges or stock markets on which the Bank’s shares are listed, and the cancellation of the book-entry records of the cancelled shares before the competent bodies. The public deed regarding the corporate resolutions on the capital reduction and the consequent amendment of Article 5 of the Bank’s By-laws has been registered with the Commercial Registry of Santander on 30 June 2023. Consequently, the resulting Bank’s share capital has been set at EUR 8,092,073,029.50, represented by 16,184,146,059 shares with a nominal value of EUR 0.50 each, all of them of the same class and series. The execution of the shareholder remuneration policy is subject to future corporate and regulatory approvals.Īs communicated by “other relevant information” registered with the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) on 27 June 2023, the board of directors, in accordance with the delegation granted by the ordinary general shareholders’ meeting, has resolved on 24 April 2023 on the Bank’s share capital reduction through a cancellation of own shares acquired in the share buy-back programme, the beginning and termination of which Banco Santander properly notified to the market through the notice of inside information published on 28 February 2023 with registration number 1784 and the notice of other relevant information published on 21 April 2023 with registration number 22057, respectively.īanco Santander’s share capital has been reduced by EUR 134,924,476.50 through the cancellation of 269,848,953 own shares. The shareholder remuneration policy the board approved for the 2023 results is a payout of approximately 50% of the Group's net reported profit (excluding non-cash, non-capital ratios impact items), distributed approximately as 50% in cash dividend and 50% in share buybacks. The shares acquired were amortized and the corresponding capital reduction was executed.Īfter carrying out both actions, total shareholder remuneration against 2022 results was EUR 3,842 million, approximately 40% of 2022 underlying profit. Likewise, and in application of the shareholder remuneration policy for 2022, a second share buyback programme of up to EUR 921 million was approved between March and April 2023, representing 1.64% of the share capital. In application of the shareholder remuneration policy for 2022, the bank paid in May a second cash dividend of EUR 5.95 cents per share against 2022 results. Santander International Banking Conference.Bank of Israel provides average Exchange Rate against USD. Rules and Regulations for the General Shareholders' Meeting CEIC extends history for monthly average Exchange Rate against USD.Rules and Regulations of the Board of Directors.Policy on Communication and Engagement with Shareholders and Investors.Annual report on directors' remuneration.Offer to acquire outstanding shares and ADSs of Banco Santander Mexico (February 2023).Significant equity shareholdings and treasury stock An article with graphs showing the relationship between the increase in quantity of currency and the decline in purchasing power of the US Dollar, the British Pound, the Canadian Dollar, the Australian Dollar, the Japanese Yen, and the Swiss Franc for the same period (1971-2008).Issuance Companies Financial Statements.Acting responsibly towards our customers.The reciprocal of the value of the U.S dollar in terms of the SDR, rounded to six significant digits.Argentina Brazil Chile Germany Mexico Poland Portugal Spain United Kingdom United States Uruguay Directory Percent change from previous calculation. For further details see Method of Collecting Exchange Rates for the Calculation of the Value of the SDR for the Purposes of Rule O-2(a). The Federal Reserve Bank of New York and the European Central Bank serve as backup providers for these exchange rates. dollar in terms of the SDR is rounded to six significant digits. dollar equivalent is calculated on the basis of the mid-market rates, as provided to the IMF by the Bank of England, based on spot exchange rates observed at around noon London time (see Bank of England website) the value of the U.S. dollars of the amounts of the currencies in the SDR basket. dollar in terms of the SDR as the reciprocal of the sum of the equivalents in U.S. IMF Rule O-2(a) defines the value of the U.S. Chinese renminbi refers to the name of the currency, while Chinese yuan refers to the currency unit. Federal Reserve Bank of Minneapolis Working Paper no. The exchange rates for the Japanese yen and the Chinese renminbi are expressed in terms of currency units per U.S. Historical Perspectives on the Organization of Enterprise Naomi R.
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