trending Market Intelligence /marketintelligence/en/news-insights/trending/Gpfw3ZAiLN4axHNeyigt3g2 content esgSubNav
In This List

Santander Consumer USA board OKs $400M share buyback program

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Santander Consumer USA board OKs $400M share buyback program

Santander Consumer USA Holdings Inc.'s board authorized the repurchase of up to $400 million of common shares as part of an amended 2018 capital plan of its majority stockholder, Santander Holdings USA Inc.

The Federal Reserve Board did not object to the buyback program, under which purchases may be made through the end of the second quarter.

The program is in addition to Santander Consumer USA Holdings' $200 million inaugural share repurchase program, which was completed in January.