NatWest Group Completes Share Repurchase to Enhance Capital Structure
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NatWest Group announced the completion of a significant share buyback program, purchasing 832,295 ordinary shares through Merrill Lynch International. The repurchased shares will be canceled, enhancing the company's capital structure. Following this, NatWest will hold 229,960,749 shares in treasury, with 8,002,047,879 ordinary shares outstanding. This move aims to bolster shareholder value and strengthen the group's market position. Analysts rate NWG stock as a Buy with a $19.50 price target, supported by strong earnings and bullish technical indicators.
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