13th Mar 2025 10:50
NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 4.82% on Wednesday from 5.93%, NatWest says in a stock exchange filing on Thursday. This reduced stake follows the UK's Treasury's sale of 88.9 million NatWest shares, worth about GBP392.0 million, since its last notification on February 28. The share sales are part of the trading plan that has been in place since July 2021. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since.
Current stock price: 439.80 pence, down 1.4% in London on Thursday morning for a GBP35.47 billion market capitalisation.
12-month change: up 74%
By Tom Budszus, Alliance News slot editor
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