In a communication to Spain’s Comisión Nacional del Mercado de Valores (CNMV), CaixaBank stated that the redeemed shares amounted to 0.86% of the share capital, now set at 7.024 billion euros, represented by shares with a nominal value of one euro each.
CaixaBank recently announced the completion of its latest share buyback program, allocating 500 million euros to repurchase 61.04 million shares.
The financial institution clarified that the capital reduction does not entail returning contributions to shareholders, as it holds the shares that are being redeemed.
