Why Did BBVA Plunge 3.76% Despite Shareholder Returns?

Generated by AI AgentAinvest Movers Radar
Monday, Apr 7, 2025 6:26 am ET1min read

On April 7, 2025,

experienced a 3.76% drop in pre-market trading, reflecting a significant decline in its stock price.

BBVA's recent dividend payouts and share buybacks have been a key focus for investors. On April 10, the bank will pay a supplementary dividend of €0.41 per share, marking a 5.1% increase from the previous year. This, combined with the €0.29 interim dividend distributed in October, brings the total cash dividend for 2024 to €0.70 per share. Additionally, BBVA has announced a new €993 million share buyback, totaling €5.03 billion in returns to shareholders this year. This commitment to shareholder returns is part of a broader strategy that has seen BBVA distribute over €18 billion through dividends and share buybacks since 2021.

Onur Genç, the CEO of BBVA, highlighted the strategic integration of BBVA and Sabadell, emphasizing the opportunity to gain scale in Spain and generate long-term value for all stakeholders. This integration is seen as a significant move to enhance the bank's market position and operational efficiency.

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