Question · Q4 2025
Michael Navas inquired about the specific market conditions that would influence Popular's share buyback pace, such as valuation or pricing, and whether there's a total return target.
Answer
Jorge García, EVP and CFO, explained that buybacks are executed via 10b5-1 plans, meaning changes in market prices could impact the execution grids. He also noted that the global political and macroeconomic environment influences the perception of market conditions and the pace of repurchases. Mr. García reiterated that Popular finds its current share price attractive.
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