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An announcement from NatWest Group ( (GB:NWG) ) is now available.
NatWest Group plc has executed a share buyback transaction, purchasing 859,327 of its own ordinary shares at a volume-weighted average price of 547.00 GBp per share. This move is part of the company’s ongoing share buyback program, aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares and returning capital to shareholders.
The most recent analyst rating on (GB:NWG) stock is a Hold with a £650.00 price target. To see the full list of analyst forecasts on NatWest Group stock, see the GB:NWG Stock Forecast page.
Spark’s Take on GB:NWG Stock
According to Spark, TipRanks’ AI Analyst, GB:NWG is a Neutral.
NatWest Group’s strong earnings call and attractive valuation are significant positives, indicating robust financial health and strategic progress. However, technical analysis shows mixed signals, and cash flow volatility remains a concern.
To see Spark’s full report on GB:NWG stock, click here.
More about NatWest Group
NatWest Group plc is a major banking and financial services company based in the United Kingdom. It offers a wide range of services including personal and business banking, insurance, and wealth management, focusing primarily on the UK market.
Average Trading Volume: 22,388,636
Technical Sentiment Signal: Buy
Current Market Cap: £43.24B
For an in-depth examination of NWG stock, go to TipRanks’ Overview page.