Banco Santander’s executive chair Ana Botín confirmed today at the bank’s Annual General Meeting (AGM) that Santander is on track to meet its 2024 targets. In that case, based on the bank’s current shareholder remuneration policy, cash dividends and share buybacks against 2024 results would amount to over €6 billion1. In 2023, the bank achieved its best performance ever, resulting in a record amount returned to shareholders (cash dividends and share buybacks) of €5.5 billion.
[1] The bank’s shareholder remuneration policy is approximately 50% payout of the group net attributable profit (excluding the impacts that do not affect cash or capital ratios directly), split in approximately equal parts in cash dividends and share buybacks. Implementation of this policy is subject to future corporate and regulatory decisions and approvals.
2023 Santander Annual General Meeting
Banco Santander held its 2023 Annual General Meeting, where shareholders approved the 2022 financial statements, corporate management and other business. The event was held at the El Solaruco Training Centre at the Santander Group City corporate offices in Madrid. Executive Chair Ana Botín presided over the executive panel formed by the bank’s Chief Executive Officer and General Secretary.
2022 Annual General Meeting
Banco Santander has held its 2022 Annual General Meeting, where shareholders has been approved the 2022 financial statements, corporate management and other business.
2021 Annual General Meeting
Banco Santander has held its 2021 Annual General Meeting, in which the 2020 accounts, corporate management and other business have been approved.
2020 Annual General Meeting
Banco Santander is holding its 2020 Ordinary General Meeting at the Bank's headquarters in Boadilla del Monte.