MADRID, 22 (EUROPA PRESS)
CaixaBank has executed 57.25% of its share buyback in the tenth week of the program, the maximum amount of which has been set at €500 million, the bank reported to the National Securities Market Commission (CNMV) this Friday.
Specifically, in this new week of the program, it has acquired 2,148,583 titles, at a weighted average price of 8.7819 euros and a value of almost 18.9 million euros.
Thus, in the first ten weeks of this program, the entity has repurchased 37,090,142 shares, representing an amount exceeding 268.2 million euros .
CaixaBank announced this new share buyback program, its sixth, last January and launched it on June 16.
The program manager is Goldman Sachs, which will make its own decisions regarding the timing of the securities purchases.
In any case, CaixaBank has reported that no more than 25% of the average daily volume of shares in the trading venue where the purchase is made may be purchased on any trading day, with the average daily volume of each trading venue being that corresponding to the twenty trading days prior to the date of each purchase.
The program will last a maximum of six months from its start date.
