ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

RBS Royal Bank Of Scotland Group Plc

120.90
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Royal Bank Of Scotland Group Plc LSE:RBS London Ordinary Share GB00B7T77214 ORD 100P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 120.90 121.35 121.40 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

RBS to Exit Remaining Citizens Financial Stake

30/10/2015 12:22am

Dow Jones News


Royal Bank Of Scotland (LSE:RBS)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Royal Bank Of Scotland Charts.
   By Josh Beckerman 
 

Royal Bank of Scotland PLC plans to exit its remaining 20.9% stake in Citizens Financial Group Inc. via a public offering of 110.5 million shares.

Citizens, a regional lender based in Providence, R.I., said Thursday that RBS expects its designee to the Citizens board to resign when the sale is completed.

Citizens shares fell 31 cents to $23.80 in after-hours trading.

Citizens went public in September 2014. Its initial public offering priced at $21.50, below an expected range of $23 to $25 a share.

RBS previously said it aimed to sell all of its Citizens stock by the end of 2016 as it planned to refocus on U.K. clients.

RBS raised $3.2 billion in March sale of Citizens shares. In July, RBS announced another sale of Citizens stock worth up to $2.6 billion, including overallotments.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

October 29, 2015 20:06 ET (00:06 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

1 Year Royal Bank Of Scotland Chart

1 Year Royal Bank Of Scotland Chart

1 Month Royal Bank Of Scotland Chart

1 Month Royal Bank Of Scotland Chart

Your Recent History

Delayed Upgrade Clock