Banco Santander SA (LON:BNC) Insider Purchases £22,263,336.66 in Stock

Banco Santander SA (LON:BNC) insider Jose Antonio Alvarez acquired 6,150,093 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of GBX 362 ($4.73) per share, with a total value of £22,263,336.66 ($29,090,992.63).

Shares of BNC opened at GBX 321.25 ($4.20) on Thursday. The stock has a 50 day simple moving average of GBX 323.75 and a 200 day simple moving average of GBX 356.42. Banco Santander SA has a 52-week low of GBX 307.10 ($4.01) and a 52-week high of GBX 412.90 ($5.40). The firm has a market capitalization of $53.39 billion and a PE ratio of 6.66.

The firm also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Wednesday, October 30th will be given a €0.10 ($0.12) dividend. The ex-dividend date of this dividend is Wednesday, October 30th. This is a positive change from Banco Santander’s previous dividend of $0.07. This represents a dividend yield of 2.76%. Banco Santander’s payout ratio is currently 0.41%.



Banco Santander Company Profile

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

Further Reading: SEC Filing

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