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NatWest Group Voting Rights Reduced as Treasury Sells Shares

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NatWest Group Voting Rights Reduced as Treasury Sells Shares

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

NatWest Group has announced a reduction in its voting rights held by His Majesty’s Treasury to 5.93%, following the disposal of 85,193,767 ordinary shares. This change reflects the ongoing execution of the Treasury’s trading plan, which was initially announced in July 2021 and extended in April 2023, potentially impacting the company’s governance and shareholder structure.

More about NatWest Group

NatWest Group plc is a major banking and financial services company based in the United Kingdom. It provides a wide range of services including personal and business banking, insurance, and investment services, primarily focusing on the UK market.

YTD Price Performance: 17.11%

Average Trading Volume: 24,696,912

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £37.89B

For an in-depth examination of NWG stock, go to TipRanks’ Stock Analysis page.

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