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Banco Santander, S.A. (SAN.MC)

MCE - MCE Delayed price. Currency in EUR
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2.5255-0.0425 (-1.65%)
At close: 05:35PM CEST
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  • P
    Paul
    Added @2 62 / 2.63 . Saving some powder .
  • P
    Paul
    last purchases 2.53 e that's it -;))
  • P
    Paul
    Truck full again 2. 564 EU MADRID.
  • P
    Paul
    A Spanish banks are down ?
  • B
    Bunny
    SAN will benefit from the positive ECB interest rate increases.
  • b
    blackoutbuzz
    How the heck is SAN going to fund the $10B acquisition of Citibanamex without issuing new shares? I am loathe to see them dilute the stock at severely depressed prices. I know assets like this rarely come up for sale very often, but the timing is horrible.

    @@@MADRID, June 28 (Reuters) - Spain's Santander has hired Credit Suisse and Goldman Sachs to look at a potential bid for Citibanamex, Citigroup's retail bank in Mexico, two sources familiar with the process said on Tuesday without providing further details....Analysts at Credit Suisse, in a note on Tuesday, said a sale could be worth up to 9 billion euros ($9.54 billion). "Our updated scenario analysis suggests a purchase price range of 6.8 billion-9 billion euros," the analysts said. Santander Executive Chairman Ana Botin said in February that the bank would look at Citibanamex but would pursue a disciplined approach and not issue new shares to fund any such deal. However, some financial consultants and investment bankers believe that Citibanamex is too good an opportunity not to be considered, given its high profit margins.

    https://finance.yahoo.com/news/1-spains-santander-hires-credit-085554212.html
    Spain's Santander has hired Credit Suisse and Goldman Sachs to look at a potential bid for Citibanamex, Citigroup's retail bank in Mexico, two sources familiar with the process said on Tuesday without providing further details. Both Santander and Go
    Spain's Santander has hired Credit Suisse and Goldman Sachs to look at a potential bid for Citibanamex, Citigroup's retail bank in Mexico, two sources familiar with the process said on Tuesday without providing further details. Both Santander and Go
    finance.yahoo.com
  • P
    Paul
    New CEO just need a new Chairman / woman .now.
  • M
    Mothra
    Paul.......
    I'm not dead yet. I thought I posted here about a month ago that I would be on LPI board, and I think I told you and Chris to get some. My brain may be playing tricks on me. Anyway, thanks for keeping us informed about SAN.
    Have a Great weekend Chris and Paul!
  • k
    kc
    what a joke, with such valuation people still selling.. probably insiders know a lot of mess within the company that is very different from what the management has reported this far
  • B
    Biotechscam
    San should be going up in higher interest rate.
  • k
    kc
    some jokers are determined to push SAN down to below 1.5euro, the 2020 Covid period low
  • o
    ottoboni
    SAN looks like trash today - I bet it falls from here. Glad I am signed up to (http://Achieverspot.tech) so that I can get stocks that actually move!
  • P
    Paul
    Report just out showing SAN added 6 million new customers over last 6 years
  • P
    Paul
    Got the mkt right but SAN MC ?? Strange .
  • T
    Technical Analysis
  • C
    Chris Murray
    Earnings were very good and with interest rates rising SAN should do well.
  • P
    Paul
    Unloaded a Tranche yesterday @2,73 as I believe there is a trade here . Fill fill the tank up 2.50/ 60 range .
    SAN.MC Madrid .Euro.
    GL .
  • M
    Mothra
    Santander bought 286,309,445 shares so that should reduce the 17.341B shares to very close to 17B.......I guess they are gonna continue this dividend and buyback policy. I would prefer just buybacks and debt reduction because of the Huge ADR fee.
  • M
    Mothra
    Well.........I am glad they are finally Cancelling the shares they BUY. What's the point of buying shares from the open Market and holding them in treasury? It must be to just give them to employees. I am going to start paying attention to Outstanding shares of Santander to see if they really Reduce them the 10%. They have been busy buying shares in the Open Market. They bought 76.569M for the week ending 5/6/21. They report purchases weekly so go to nasdaq, get quote, look at sec filings, they're labeled 6-k.
  • P
    Paul
    over 3 Euro and closed on a high.