Sabadell announces dividend payment from sale of TSB
The extraordinary dividend is paid on May 29, with reinvestment options for shareholders.
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Spanish private banking and financial services group
grupbancsabadell.comLast updated
In short: Sabadell appointed Marc Armengol as CEO and sold its UK subsidiary TSB to Santander, facilitating a €3.3 billion deal and a massive shareholder payout.
The extraordinary dividend is paid on May 29, with reinvestment options for shareholders.
CEO Marc Armengol seeks to be the best travel companion for customers and improve profitability, confirming objectives of the strategic plan.
The sale of TSB generated capital gains of 300 million and more than 400 basis points. The total remuneration between 2025 and 2027 will be 6,450 million.
The first issuance will be in the second half of 2026, enabling fast and secure payments.
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