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      Santander in new share issue


      in october santander reported a 4.3% rise in its third-quarter net profit to 2.2bn euros due to cost cuts and said it was on track for record annual profit .
      the bank will issue one new share for every four in circulations plans, with preferential subscription rights for current santander shareholders .
      spanish bank santander harges announced a 7.2bn euro ($9.24bn, Â5.9bn) rights issue to raise new capital .
      Generated 2008-11-12_15:4





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