BBVA Files January 2025 6-K Report
Ticker: BBVXF · Form: 6-K · Filed: Jan 10, 2025 · CIK: 842180
| Field | Detail |
|---|---|
| Company | Banco Bilbao Vizcaya Argentaria, S.A. (BBVXF) |
| Form Type | 6-K |
| Filed Date | Jan 10, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, foreign-issuer, sec-form-6k
TL;DR
BBVA filed its Jan 2025 6-K, confirming 20-F annual reports and Madrid HQ.
AI Summary
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) filed a Form 6-K on January 10, 2025, for the month of January 2025. The filing indicates that BBVA is a foreign issuer and will file its annual reports under Form 20-F. The company's principal executive offices are located at Calle Azul 4, 28050 Madrid, Spain.
Why It Matters
This filing provides routine disclosure for foreign issuers like BBVA, confirming their reporting status and principal address to investors and regulators.
Risk Assessment
Risk Level: low — This is a routine administrative filing for a foreign issuer and does not contain new financial or operational information.
Key Players & Entities
- BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (company) — Filer
- BBVA (company) — Commonly known name
- Calle Azul 4, 28050 Madrid Spain (location) — Principal executive offices
- 20250110 (date) — Filing date
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, used to provide information that the registrant has made or is required to make public pursuant to the laws of its home country or that it has filed or will file with a stock exchange.
Which form does BBVA file for its annual reports?
BBVA indicates it files its annual reports under cover of Form 20-F.
What is the filing date of this Form 6-K?
This Form 6-K was filed as of January 10, 2025.
Where are BBVA's principal executive offices located?
BBVA's principal executive offices are located at Calle Azul 4, 28050 Madrid, Spain.
Is BBVA submitting this Form 6-K in paper format?
No, BBVA is not submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 16.9 · Accepted 2025-01-10 06:09:05
Filing Documents
- d859510d6k.htm (6-K) — 15KB
- g859510image01.jpg (GRAPHIC) — 7KB
- 0001193125-25-004022.txt ( ) — 25KB
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 January, 2025 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-F XForm 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): YesNoX 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): YesNoX Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in accordance with the provisions of the Securities Market legislation, hereby communicates, at the request of the Spanish Securities Market Commission (CNMV) and in accordance with the provisions of Article 234 of Law 6/2023, of March 17, on Securities Markets and Investment Services, the following: INSIDE INFORMA TION In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. ( Banco Sabadell or the Target Company ) (the Offer ), for which the prior announcement was published as inside information on May 9, 2024 and the request for authorisation was submitted to the CNMV on May 24, 2024 and gave leave to proceed on June 11, 2024, BBVA informs that it has decided to modify the Offer by reducing the minimum acceptance condition provided in the prior announcement, which implies a more favorable treatment for its recipients, in accordance with Article 31.1 of Royal Decree 1066/2007. The aforementioned minimum acceptance condition, which initially required the acceptance of the Offer by at least 2,720,654,746 shares of the Target Company , representing 50.01 percent of its share capital, is now reduced so that it requires the Offer to be accepted for a number of shares that allows BBVA to acquire at least more than half of the effective voting rights of Banco Sabadell at the end of the Offer acceptance period (therefore excluding the treasury shares that the Target Company may hold at that time). As of the date of this communication, the total share capital with voting rights amounts to 5,361,450,912 ordinary shares (5,361,450 effective voting rights), considering that Banco Sabadells share capital is represented by a total of 5,440,221,447 ordinary shares (5,440,221 voting rights) and that it holds 78,770,535 treasury shares (as stated in Banco Sabadells Universal Registration Document posted on the CNMVs website on May 23, 2024), whose voting rights are suspended in accordance with Article 148(a) of the Spanish Companies Act. Therefore, assuming that all such treasury shares remain as such at the end of the Offer acceptance period, the reduced minimum acceptance condition will be deemed fulfilled if the Offer is accepted for at least 2,680,726,000 shares of Banco Sabadell (2,680,726 voting rights), which would represent half plus one of Banco Sabadells effective voting rights at that time. The above notwithstanding, if Banco Sabadells treasury shares vary by the end of the acceptance period, the condition will be deemed fulfilled if the Offer is accepted for the number of shares necessary to acquire more than 50 percent of the effective voting rights at that time, thus excluding the suspended voting rights corresponding to the treasury shares held by Banco Sabadell on that date. In the event of a positive outcome of the Offer, BBVA will seek the redemption of Banco Sabadells treasury shares at the end of the acceptance period at the first General Shareholders Meeting of Banco Sabadell, reducing the share capital and locking up those shares in the meantime. The fulfillment of this reduced minimum acceptance condition, under the described terms, will make applicable the exception to the obligation to launch a mandatory tender offer in accordance with Article 8(f) of Royal Decree 1066/2007, to the extent that the Offer would have been accepted for shares representing, at least, 50 percent of the effective voting rights to which it was addressed. BBVA will submit to the CNMV the documentation related to the improved terms of the Offer in accordance with Articles 17 and 20 of Royal Decree 1066/2007. Madrid, January 9, 2025 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Banco Bilbao Vizcaya Argentaria, S.A. Date: January 9, 2025 By: /s/ Victoria del Castillo Marchese Name: Victoria del Castillo Marchese Title