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NatWest Announces Significant Share Buyback

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

NatWest Group plc has announced the purchase of 1,505,000 of its own ordinary shares on May 20, 2024, from UBS AG, London Branch, as part of its ongoing share buyback program. These transactions occurred across various trading venues including the London Stock Exchange (LSE), BATS Europe (BATE), and Chi-X (CHIX), with the average price paid per share ranging from 317.20 to 321.90 GBp. The company intends to cancel all the repurchased shares, which will leave NatWest Group with 132,005,776 shares in treasury and 8,727,898,765 shares in issue, excluding those held in treasury.

For further insights into GB:NWG stock, check out TipRanks’ Stock Analysis page.

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