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NatWest Group Executes Share Buyback as Part of Ongoing Program

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NatWest Group Executes Share Buyback as Part of Ongoing Program

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An update from NatWest Group ( (GB:NWG) ) is now available.

NatWest Group plc has executed a share buyback transaction, purchasing 862,225 ordinary shares at an average price of 621.45 GBp per share. This move is part of an ongoing share buyback program, with the repurchased shares intended for cancellation, potentially impacting the company’s share capital structure and shareholder value.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £695.00 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 Outperform.

NatWest Group’s overall stock score is driven by strong technical indicators and attractive valuation metrics. The company’s robust earnings call and positive corporate events further bolster its position. However, cash flow volatility remains a concern that slightly tempers the overall score.

To see Spark’s full report on GB:NWG stock, click here.

More about NatWest Group

NatWest Group plc operates in the financial services industry, primarily offering banking and financial products. The company focuses on providing a range of services including personal and business banking, insurance, and wealth management, with a significant presence in the UK market.

Average Trading Volume: 22,312,645

Technical Sentiment Signal: Buy

Current Market Cap: £49.39B

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

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