Finance
Santander Hits Seven-Year High on Botin’s Capital Payout Plans
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Banco Santander SA said it intends to buy back €10 billion ($10.4 billion) of its shares over the coming years as it posted another record profit.
The upcoming payouts add to a second buyback on last year’s profit, worth as much as €1.6 billion, which Spain’s biggest lender also announced on Wednesday.