As a part of this plan, BBVA shareholders acquired on November 7 an interim gross dividend in money of €0.32 per share in opposition to 2025 outcomes, up 10 p.c from 2024. That is the very best interim dividend in BBVA’s historical past: In complete, the financial institution distributed €1.84 billion in money to its shareholders.
Moreover, BBVA plans to launch one other important share buyback program, as soon as all crucial approvals and authorizations have been obtained.
Over €6 billion in share buybacks in 4 years
On this newest program, BBVA repurchased 54.3 million personal shares, representing roughly 0.93 p.c of its present share capital.
Since November 2021, BBVA has executed share buyback applications totaling €6.36 billion, equal to just about 17% of its share capital.
The execution of the buyback applications reduces the variety of excellent shares via cancellation, positively impacting earnings per share (EPS). As such, whereas BBVA’s attributable revenue rose by 31 p.c in 2022, 21 p.c in 2023, and 25 p.c in 2024, EPS grew at even greater charges, with will increase of 48 p.c, 26 p.c, and 27 p.c, respectively.
This marks the third time BBVA has opted to execute share buybacks as a part of its extraordinary shareholder remuneration. The financial institution repurchased €422 million value of shares charged to 2022 and €781 million to 2023.
As well as, BBVA has accomplished two different share buyback applications categorized as extraordinary shareholder distributions: the primary, which was carried out between 2021 and 2022, amounted to €3.16 billion—one of many largest in Europe on the time—and the second, in 2023, totaled €1 billion.
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