March 22, 2024 BY Simon Mugo

Spain’s Santander Bank Plans To Pay Over €6 Billion to Investors

The announcement suggests that Santander, the second-largest bank in the eurozone by market capitalisation, anticipates its net profit for 2024 to surpass €12 billion. The bank adheres to a 50% payout policy, evenly dividing the distribution of earnings between cash dividends and share buybacks. During the annual shareholder meeting, Santander's Executive Chair, Ana Botin, conveyed…

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