NatWest Group Announces Reduction in Treasury’s Voting Rights

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NatWest Group Announces Reduction in Treasury’s Voting Rights

NatWest Group ( (GB:NWG) ) just unveiled an announcement.

NatWest Group plc has announced a reduction in the percentage of voting rights held by His Majesty’s Treasury (HMT) to 3.95%, following the disposal of 69,943,655 ordinary shares. This change is part of HMT’s ongoing trading plan, which has been in place since July 2021 and was last extended in April 2023. The reduction in voting rights signifies a continued divestment by the UK government, potentially impacting NatWest’s governance and shareholder dynamics.

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 financial products and services, including personal and business banking, mortgages, loans, and investment services. The company primarily focuses on the UK market.

YTD Price Performance: 19.21%

Average Trading Volume: 29,291,062

Technical Sentiment Signal: Sell

Current Market Cap: £37.25B

See more data about NWG stock on TipRanks’ Stock Analysis page.

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