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UK Government Reduces Stake in NatWest Group
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UK Government Reduces Stake in NatWest Group

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NatWest Group ( (GB:NWG) ) has shared an update.

NatWest Group plc has announced a reduction in the UK government’s stake in the company, with the Treasury disposing of 86,371,259 ordinary shares, decreasing its voting rights from 9.99% to 8.90%. This change reflects ongoing efforts by the government to gradually reduce its holdings in NatWest, impacting the company’s ownership structure and potentially influencing future strategic decisions.

More about NatWest Group

NatWest Group plc is a major financial services company based in the UK, providing a wide range of banking and financial services, including personal and business banking, insurance, and investment services. It primarily focuses on the UK and Irish markets, serving millions of customers with comprehensive financial solutions.

YTD Price Performance: -5.07%

Average Trading Volume: 26,433,278

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.11B

See more data about NWG stock on TipRanks’ Stock Analysis page.

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