Banco Santander Files 6-K Report
Ticker: BCDRF · Form: 6-K · Filed: Dec 19, 2024 · CIK: 891478
| Field | Detail |
|---|---|
| Company | Banco Santander, S.A. (BCDRF) |
| Form Type | 6-K |
| Filed Date | Dec 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, foreign-issuer, compliance
TL;DR
Santander dropped a 6-K on Dec 19th, check it for inside info.
AI Summary
Banco Santander, S.A. filed a Form 6-K on December 19, 2024, reporting inside information. The filing indicates compliance with securities market legislation and is for the month of December 2024.
Why It Matters
This filing provides an update on Banco Santander's compliance and reporting activities, which is crucial for investors to stay informed about the company's regulatory adherence.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (6-K) and does not contain specific financial results or significant strategic announcements that would typically indicate higher risk.
Key Players & Entities
- Banco Santander, S.A. (company) — Registrant
- December 19, 2024 (date) — Filing Date
- 001-12518 (other) — SEC File Number
FAQ
What is the purpose of this Form 6-K filing?
The Form 6-K is a report of foreign issuer filed by Banco Santander, S.A. for the month of December 2024, in compliance with the Securities Market legislation, specifically reporting inside information.
When was this filing submitted to the SEC?
This filing was submitted on December 19, 2024.
What is the SEC file number for Banco Santander, S.A.?
The SEC file number for Banco Santander, S.A. is 001-12518.
Does Banco Santander file annual reports under Form 20-F or 40-F?
Banco Santander, S.A. indicates it files annual reports under cover of Form 20-F.
What is the principal executive office address of Banco Santander, S.A.?
The principal executive office address is Ciudad Grupo Santander, 28660 Boadilla del Monte (Madrid), Spain.
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-12-19 14:57:35
Filing Documents
- dp222316_6k.htm (6-K) — 19KB
- image_001.jpg (GRAPHIC) — 3KB
- 0000950103-24-018001.txt ( ) — 24KB
From the Filing
FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of December, 2024 Commission File Number: 001-12518 Banco Santander, S.A. (Exact name of registrant as specified in its charter) Ciudad Grupo Santander 28660 Boadilla del Monte (Madrid) Spain (Address of principal executive office) 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 X Form 40-F Banco Santander, S.A. TABLE OF CONTENTS Item 1 Report of Inside Information dated December 19, 2024 Item 1 Banco Santander, S.A. ( “Banco Santander” or the “Bank” ), in compliance with the Securities Market legislation, hereby communicates the following: INSIDE INFORMATION Santander has entered into an agreement with Crédit Agricole S.A. for the sale to Crédit Agricole S.A. of its 30.5% stake in CACEIS 1 . Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. CACEIS is the holding company of a group of entities engaged in the depositary, custody and related asset servicing business. The transaction is consistent with Santander’s strategy focus on proactive capital allocation to create shareholder value and would result upon completion in a positive impact of circa 10 basis points on the fully loaded CET1 ratio of the Santander Group. The transaction will not have a relevant impact either on the Group’s earnings or on the earnings per share. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and it is expected to take place in 2025. The joint business of Santander and CACEIS engaged in the depositary, custody and related asset servicing business in Latin America is out of the scope of the transaction and will remain jointly controlled by Santander and CACEIS. Boadilla del Monte (Madrid), 19 December 2024 1 See relevant information published on 17 April 2019 with registration number 277195 IMPORTANT INFORMATION Not a securities offer This document and the information it contains does not constitute an offer to sell nor the solicitation of an offer to buy any securities. Past performance does not indicate future outcomes historical performance or growth rates must not be construed as suggesting that future performance, share price or results (including earnings per share) will necessarily be the same or higher than in a previous period. Nothing in this document should be taken as a profit and loss forecast. 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 Santander, S.A. Date: December 19, 2024 By: /s/ Pedro de Mingo Kaminouchi Name: Pedro de Mingo Kaminouchi Title: Head of Corporate Compliance