Finance
Shares in BBVA rise 5.7% while Sabadell falls 6.5% after failed takeover bid
Published by Global Banking & Finance Review®
Posted on October 17, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 17, 2025
1 min readLast updated: January 21, 2026
BBVA shares rise 5.7% after resuming buybacks, while Sabadell falls 6.5% post failed takeover bid. Only 25.47% of Sabadell shareholders supported the bid.
MADRID (Reuters) -Shares in BBVA rose 5.7% after it announced it would immediately resume share buybacks following its failure to convince Sabadell shareholders to back its 16.32 billion euro ($19.09 billion) hostile takeover bid, while shares in the smaller lender fell 6.5%.
Shareholders of Sabadell tendered just 25.47% of voting rights, below even the lower threshold where it could have decided to move on if it had waived the control condition.
Broker RBC said the failed attempted takeover of Sabadell "comes with some relief, not because the transaction was a bad one, but because the uncertainty overhanging both banks had lasted far too long."
($1 = 0.8550 euros)
(Reporting by Jesús Aguado and Emma Pinedo; editing by David Latona)
A share buyback occurs when a company purchases its own shares from the marketplace, reducing the number of outstanding shares. This can increase the value of remaining shares and is often seen as a way to return capital to shareholders.
A takeover bid is an offer made by an individual or company to purchase a controlling interest in another company. This can be friendly or hostile, depending on whether the target company's management approves of the acquisition.
A hostile takeover occurs when an acquiring company attempts to take control of a target company against the wishes of its management. This often involves purchasing shares directly from shareholders or through a tender offer.
Market capitalization, or market cap, is the total market value of a company's outstanding shares of stock. It is calculated by multiplying the stock price by the total number of shares and is used to assess a company's size.
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