NatWest buys back shares from UK government

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

NatWest bought back 392.4 million shares from the government at 316.2p per share.

Since March 2024, the Government has not been a shareholder in NatWest stock. The government aims to continue to selling shares in the market until August 2025, according to Reuters.

Earlier this week, NatWest faced backlash for a major outage on their mobile app during the UK bank holiday weekend.