BBVA Files May 2024 Report with SEC
Ticker: BBVXF · Form: 6-K · Filed: May 9, 2024 · CIK: 842180
| Field | Detail |
|---|---|
| Company | Banco Bilbao Vizcaya Argentaria, S.A. (BBVXF) |
| Form Type | 6-K |
| Filed Date | May 9, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, foreign-issuer, regulatory-update
TL;DR
BBVA filed its monthly 6-K with the SEC, standard procedure for foreign issuers.
AI Summary
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) filed a Form 6-K on May 9, 2024, to report its activities for the month of May 2024. The filing indicates that BBVA is a foreign issuer and is submitting its report under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934. The company is incorporated in Spain and its principal executive offices are located in Madrid.
Why It Matters
This filing provides an update on BBVA's regulatory disclosures for the month, which is important for investors tracking the company's compliance and reporting activities.
Risk Assessment
Risk Level: low — This filing is a routine report of foreign issuer activities and does not contain new financial results or significant corporate events.
Key Players & Entities
- BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (company) — Filer and Registrant
- BBVA (company) — Commonly known name for the Registrant
- Madrid (location) — Location of principal executive offices
- May 9, 2024 (date) — Filing date
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign issuers required to be filed pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, providing information that the issuer makes or is required to make public in its home country, files or is required to file with a stock exchange, or distributes or is required to distribute to its security holders.
When was this Form 6-K filed?
This Form 6-K was filed on May 9, 2024.
Where are Banco Bilbao Vizcaya Argentaria, S.A.'s principal executive offices located?
The principal executive offices of Banco Bilbao Vizcaya Argentaria, S.A. are located at Calle Azul 4, 28050 Madrid, Spain.
Does BBVA file annual reports under Form 20-F or Form 40-F?
The filing indicates that BBVA files annual reports under cover of Form 20-F.
Is BBVA submitting this Form 6-K in paper format?
No, BBVA is not submitting this Form 6-K in paper format as permitted by Regulation S-T Rule 101(b)(1).
Filing Stats: 4,333 words · 17 min read · ~14 pages · Grade level 13.4 · Accepted 2024-05-09 17:28:27
Filing Documents
- d786114d6k.htm (6-K) — 62KB
- 0001193125-24-135415.txt ( ) — 63KB
From the Filing
6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2024 Commission file number: 1-10110 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (Exact name of Registrant as specified in its charter) BANK BILBAO VIZCAYA ARGENTARIA, S.A. (Translation of Registrants name into English) Calle Azul 4, 28050 Madrid Spain (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): YesNo Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): YesNo PRIOR ANNOUNCEMENT OF THE VOLUNTARY TENDER OFFER FOR THE ACQUISITION OF SHARES OF BANCO DE SABADELL, S.A. BY BANCO BILBAO VIZCAYA ARGENTARIA, S.A. This announcement is made public pursuant to the provisions of Royal Decree 1066/2007, of July 27, 2007, on the rules governing tender offers ( Royal Decree 1066/2007 ), and contains the main characteristics of the offer, which is subject to mandatory clearance by the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV ). The detailed terms and characteristics of the offer will be set forth in the prospectus to be published after obtaining the aforementioned clearance from the CNMV. In accordance with the provisions of article 30.6 of Royal Decree 1362/2007, of October 19, 2007, as from the date of this announcement, the shareholders of Banco de Sabadell, S.A. (the Target Company ) who acquire securities that attribute voting rights must notify the CNMV of such acquisition when the proportion of voting rights held by them reaches or exceeds 1%. Likewise, shareholders who already hold 3% of the voting rights shall notify any transaction involving a change in such percentage. Under point 2.b) of Rule Five of CNMV Circular 1/2017 of April 26, 2017, starting on the date of this announcement, the transactions, if any, relating to the liquidity contract of the Target Company must be suspended. 1. IDENTIFICATION OF THE OFFEROR The Offeror is Banco Bilbao Vizcaya Argentaria, S.A. (the Offeror ), a listed corporation of Spanish nationality, with registered office at Plaza de San Nicolás nº 4, 48005 Bilbao, Spain, holding Tax Identification Number A-48265169 and LEI code K8MS7FD7N5Z2WQ51AZ71, and registered with the Commercial Register of Bizkaia, on page no. BI-17 A, and with the Bank of Spains Special Register of Banks and Bankers under number 0182. The Offerors share capital amounts to 2,860,590,786.20 euros, represented by 5,837,940,380 ordinary registered shares (5,837,940,380 voting rights) with a par value of 0.49 euros per unit, all of them of the same class and series, fully subscribed and paid-up and represented through the book-entry trading system held by Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (Iberclear) and its participating entities 1 . The Offerors shares are admitted to trading on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges, through the Spanish electronic trading system (Continuous 1 By means of a notice of other relevant information dated 9 April 2024 (registry number 27955), the Offeror communicated to the market the end of the execution of a share buyback programme of own shares for their redemption (notices of inside information dated 30 January 2024 (registry number 2084) and 1 March 2024 (registry number 2152)) through the acquisition of 74,654,915 own shares, representing, approximately, 1.28% of the Offerors share capital. It is expected that the redemption of such shares takes place throughout the second quarter of 2024. - 2 - Market), as well as on the London and Mexico stock exchanges. The Offerors American Depositary Shares (ADS), which represent one share of the Offeror each, are traded on the New York Stock Exchange under the BBVA ticker. There is no individual or legal entity that exercises control over the Offeror pursuant to article 4 of Securities Markets and Investment Services Law 6/2023 of March 17, 2023 (the Securities Market Law ). 2. DECISION TO LAUNCH THE OFFER The decision to launch the Offer was adopted by a resolution approved by the Offerors Board of Directors at its meeting held on 8 May 2024. At the same meeting, the Board of Directors of the Offeror also resolved, in accordance with the provisions of article 14.5 of Royal Decree 1066/2007, to call a General Shareholders Meeting to decide on the issue of the new ordinary shares of the Offeror offered in consideration, as set forth in section 8 below. Other than as indicate