Nationwide Building Society (GB:NBS) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nationwide Building Society has announced that it will fully repay its £125 million 6.25% Permanent Interest Bearing Shares (PIBS) on 22 October 2024, following approval from the Prudential Regulation Authority. The PIBS will be repaid at their principal amount with accrued interest, after which they will be cancelled and delisted from the London Stock Exchange.
For further insights into GB:NBS stock, check out TipRanks’ Stock Analysis page.