Linares vende acciones de Santander por más de 7,5 millones de euros
El directivo se desprende de más de la mitad de su cartera de títulos del banco. Leer
Santander's global head of investment banking, Jos� Mar�a Linares, sold a package of 600,000 shares in the bank for over 7.5 million euros, according to communications to the CNMV. The director completed the divestment through four sales operations at prices ranging from 12.75 to 12.77 euros per share, totaling 7.65 million euros.
As of March year-end, Linares held nearly 989,000 shares in Santander, representing around 60% of his holdings. In addition to the shares, Linares also owned almost 677,000 call options on Santander shares, which were received as part of his variable remuneration and have a very low exercise price compared to the current stock price of 12.52 euros.
In July, Santander's global head of asset and insurance management, Javier Garc�a Carranza, sold almost half of his Santander share portfolio, liquidating 319,686 shares at 11.95 euros each, amounting to 3.82 million euros. Garcia Carranza also holds nearly 370,400 call options received as bonus.
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