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NWG Natwest Group Plc

307.40
17.60 (6.07%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Natwest Group Plc LSE:NWG London Ordinary Share GB00BM8PJY71 ORD 107.69P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  17.60 6.07% 307.40 306.40 306.70 308.70 295.50 296.00 57,160,131 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 14.77B 4.64B 0.5271 5.82 26.97B

UK Government Cuts NatWest Stake to 43.97% Vs 44.98%

03/02/2023 11:31am

Dow Jones News


Natwest (LSE:NWG)
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From Apr 2022 to Apr 2024

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By Ian Walker

 

NatWest Group PLC said Friday that the U.K. Government has reduced its shareholding in the company to 43.97% from 44.98% previously.

In a regulatory filing the British bank said The Commissioners of His Majesty's Treasury now owns 17.02 billion shares. The stake is worth 52.74 billion pounds ($64.47 billion) based on Thursday's closing price of 309.90 pence.

The U.K. government took control of the bank--previously known as Royal Bank of Scotland Group PLC--during the 2007-08 financial crisis.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

February 03, 2023 06:16 ET (11:16 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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