Banco Santander (México) SA Institución de Banca Múltiple said it repurchased about 4.8 million Mexican pesos of its shares on May 22, representing 0.01% of the bank's total outstanding shares.
The buyback was executed through a new fund for up to 12.80 billion pesos worth of share repurchases, which was approved by shareholders in February.
As of May 22, US$1 was equivalent to 19.74 Mexican pesos.
