NatWest Group(NWG) Shares Soar 1.99% On Government Stake Reduction

Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 23, 2025 6:26 pm ET1min read
NWG--

NatWest Group(NWG) shares surged to a record high today, with an intraday gain of 1.99%.

NatWest Group is on the verge of achieving full private ownership as the government's shareholding continues to decrease. This transition is expected to enhance the bank's focus on growth and technological advancements, potentially boosting investor confidence and positively impacting the stock price.

During the 2025 Annual General Meeting, NatWest GroupNWG-- reported a strong performance for 2024, with its share price increasing by over 80% and returning 4 billion GBP to shareholders. This financial robustness is likely to foster a positive sentiment among investors, further driving the stock price upward.

The UK government's stake in NatWestNWG-- has dropped below 3%, a significant reduction from nearly 40% at the start of the previous year. This shift in ownership structure is anticipated to influence market perception and contribute to a more favorable outlook for the stock.

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