28th Jul 2025 08:17
NatWest Group PLC - Edinburgh-based lender - Announces the commencement of its buyback programme announced with its half-year results on Friday. The buyback, worth up to GBP750 million, starts on Monday and will end by February 13 next year, NatWest says. Adds that the programme "may be extended to end no later than March 13, to account for any days where usual trading has not been possible because of market events". The repurchased shares will be cancelled. NatWest has shareholder authority to buyback a maximum of 807.8 million shares, 10% of its total. The company has a market capitalisation of GBP42.36 billion, so a GBP750 million buyback is about 1.8% of that.
Current stock price: 522.80 pence, up 0.7% in London on Monday
12-month change: up 41%
By Emma Curzon, Alliance News reporter
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