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Banco Santander, S.A. Message Board

  • felizhora99 felizhora99 Sep 6, 2013 10:52 AM Flag

    Looks like SAN might be getting ready to do buy back.That should get this moving up.

    Brazil has turned up is good and Europe on the mend as well.

    Sentiment: Strong Buy

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    • A closer look shows that there were 9.7mm outstanding shares at the end of the second quarter of 2012. Shares increased by 478m in the third qtr., 435m in the 4th qtr., DECREASED 95m in the 1st qtr. 2013, and added 271m in the second qtr. 2013. It would appear that either investors are opting to take more cash than stock or maybe SAN management IS doing a bit of repurchasing maybe to get the level to around 10mm shares. Just an observation.

 

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