Why Did BBVA Plunge 5.4%? Dividend Payouts, Buybacks

Generated by AI AgentAinvest Movers Radar
Monday, Apr 7, 2025 6:14 am ET1min read

On April 7, 2025,

experienced a significant drop of 5.4% in pre-market trading, reflecting a notable shift in investor sentiment.

BBVA's recent dividend payouts and share buybacks have been a key focus for investors. On April 10, the bank will distribute 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 from October, brings the total cash dividend for 2024 to €0.70 per share. Additionally, BBVA has announced a new €993 million share buyback program, aiming to return €5.03 billion 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.

The integration of BBVA and Sabadell has been highlighted as a strategic move to enhance scale and generate long-term value for all stakeholders. This transaction is seen as a significant opportunity to strengthen BBVA's position in the Spanish market and drive future growth.

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