Santander suspends buyback pending shareholder approval of Webster deal in US
Published on April 23, 2026.
The suspension of the sale of stock and distribution of shares between the two companies is set to take place from April 24 and 26, coinciding with the date of the Webster's shareholder meeting. The buyback is expected to resume on May 27 and continue through August 20. The move is part of an effort to become a significant player in American retail banking.
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