Banco Santander SA To Apply Script Dividend Program

Monday, 9 Sep 2013 11:59am EDT 

Banco Santander SA announced that it is planning to apply again the Script Dividend Program, effective on the days when the second interim dividend is traditionally distributed (October/November). The shareholders will have the option to receive their compensation in cash and/or in shares. The Company has presented the calendar for the implementation of the program. It is estimated that the price of commitment to purchase free allotment rights by Grupo Santander, which will result from the formula approved by the Ordinary General Shareholders’ Meeting, will be approximately EUR 0.15 gross per right. 

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