The price of the BBVA share increased by 19.8% in the first quarter of 2015, before starting a downward path that continued for the rest of the year.
Global economic growth in 2015 has experienced a loss of dynamism explained mainly by the slowdown in growth in the main emerging economies. The recovery of the developed economies has not managed to offset this impact. The new downward adjustment in activity in China, the tightening of monetary policy in the United States and the decline in commodity prices make up a complex picture that has maintained global growth in 2015 at around 3.2%.
(1) Numerator = shareholders' funds plus valuation adjustments; denominator = number of shares issued minus treasury stock. All data are specific to a certain date.
(2) Calculated from shareholder earnings for the last twelve calendar months divided by the period's closing price.
(1) Numerator = shareholders' funds plus valuation adjustments; denominator = number of shares issued minus treasury stock. All data are specific to a certain date.
(2) Calculated from shareholder earnings for the last twelve calendar months divided by the period's closing price.
BBVA has paid out two cash dividends, 8 gross cents per share each, charged against 2015 earnings. Additionally, the BBVA Board of Directors agreed to carry out two capital increases against reserves in accordance with the terms agreed by the Annual General Meeting held on March 13, 2015. These increases have been used as instruments to implement the shareholder remuneration system called "dividend option". The acceptance percentages are the highest obtained in the last two years, confirming the excellent level of support for this remuneration system among shareholders.