Natwest Group Plc
0.30 (0.12%)
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
  0.30 0.12% 260.00 259.80 260.00 265.30 259.10 264.20 2,363,487 11:06:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 10,512.0 4,032.0 25.4 10.2 27,056

UK Government Cuts NatWest Stake to 43.97% Vs 44.98%

03/02/2023 11:31am

Dow Jones News

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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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