Financial year 2023: The 2024 Annual General Meeting resolved to distribute of a gross cash dividend of 0.3919 euros per share, paid on 3 April 2024. The payment of this dividend is equivalent to a pay-out of 60%.
Financial year 2024: the distribution between 50% and 60% of consolidated net profit, through two cash payments in line with the new dividend policy:
- Interim dividend: November 2024
- Final dividend: April 2025
Note: Pending approval by the Annual General Meeting
Share buyback: On 3 January 2024, the end of the share buyback programme was announced (it started on 18 September 2023).
On 3 May 2024, the public deed for the reduction of capital by 129,404,256 shares to 7,372,727,363 shares was registered in the Companies' Registry of Valencia.
Implementation of share buyback programme for a maximum amount of € 500 million, running for a maximum term of 6 months from 14 March 2024, aimed at bringing year-end 2023 %CET1 closer to 12%.