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🇺🇸 SECBANCO BILBAO VIZCAYA ARGENTARIA, S.A.Codex · 实盘不做把握 8/10不做原因:无增量信息
北京时间·🕒 发布 19:13:30·⟳ 抓取 19:14:05 +35s·⚡ 决策 09-08 19:53:47 +39m42s·49.2 天前

BBVA披露回购第一期执行进度,已完成约59.02%

这是同一回购方案的周期性执行报告,信息增量只在已知计划框架内更新完成比例,不构成新的交易催化。

📄 原文BANCO BILBAO VIZCAYA ARGENTARIA, S.A.↗ 原文
----- tm2624809d1_6k.htm ----- 6-K 1 tm2624809d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHI…
不做 Banco Bilbao Vizcaya Argentaria, S.A.(BBVA.US)
例行回购进度披露,无新增催化;计划框架与首期安排早已公开,边际价值得不到支撑。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

官方SEC 6-K和BBVA投资者关系页都表明,这只是对7月30日已公告的€2bn框架、首期€1bn回购的常规进度披露。新文件没有改变回购规模、时点、条件或资本配置方向,因此不足以形成独立可交易边际。

🔎 新鲜度:最早出现 2026-09-07 · 扩散 medium · price-in 风险 high ↗ ↗

消息传播链

  1. 2026-09-07 11:13 UTC首发SEC / BBVA 6-K一手源原文 ↗
    官方法定披露首次给出9月1周的回购执行进度,性质是常规更新,不是新方案。
  2. 2026-09-07官方确认BBVA Investor Relations原文 ↗
    公司投资者关系页同步列示同一份周期性回购报告,说明传播链完全来自官方披露。

关键理由

  • 回购本身偏股东友好,但本次只是进度披露,没有新增条款或金额变化。
  • 市场在7月30日已消化回购框架与首期安排,本次边际信息很弱。

主要风险

  • 若后续出现提前终止、加速执行或更大规模回购,才可能重新产生交易边际。

反向证据

  • 做多前查反向 · 来源 web · 影响 weakens
    未见官方新增回购规模、条款或加速执行的证据。
    检索:BBVA buyback program new terms increased amount acceleration September 2026

先例如何影响了这次决策

对本次决策的影响:先例缺口不改变结论,仍应视为例行披露而非交易信号。

方向:无足够高相似先例支持独立交易方向。

涨幅量级:同类样本不足以用来定幅度;更重要的是,本次本身没有新增催化,只是计划内进度披露。

形态:未见可分离出新增定价冲击的模式。

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原文全文

展开原文 · 2,721 字
----- tm2624809d1_6k.htm -----
6-K
1
tm2624809d1_6k.htm
FORM 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 September, 2026
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 Registrant’s 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
x
Form 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):
Yes
¨
No
x
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):
Yes
¨
No
x
Banco
Bilbao Vizcaya Argentaria, S.A.
(“
BBVA
”), in compliance with the securities market legislation, hereby communicates
the following:
OTHER RELEVANT INFORMATION
Further to the inside information
notice dated July 30, 2026, with CNMV registration number 3316 relating to the execution of the first tranche of a buyback program of
own shares of BBVA approved by the Board of Directors of BBVA in its meeting held on July 29, 2026 (the “
First Tranche
”),
and pursuant to article 5 of Regulation (EU) no. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse,
BBVA informs–on the basis of the information received from HSBC Continental Europe as the First Tranche manager– that it has
carried out the following transactions over BBVA shares in execution of the Tranche between 31 August and 4 September 2026 (both inclusive):
The
cash amount of the shares purchased to date as a result of the execution of the First Tranche
amounts
to 590,237,900.53 Euros, which, approximately, represents 59.02% of the maximum cash amount of the First Tranche
.
Issuer name: Banco Bilbao Vizcaya
Argentaria, S.A. - LEI K8MS7FD7N5Z2WQ51AZ71
ISIN Code of the ordinary shares
of BBVA: ES0113211835
Madrid, 7 September 2026
This English version is
a translation of the original in Spanish for information purposes only. In case of discrepancy, the Spanish original will prevail.
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: September 7, 2026
By:
/s/ José María Caballero Cobacho
Name:
José María Caballero Cobacho
Title:
Head of ALM

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