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NatWest Group PLC - Edinburgh-based bank - The UK government has reduced its shareholding to just below 16% as of Monday from just below 17% previously, NatWest says in a stock exchange filing. The UK government had owned as much as 84% of NatWest following a taxpayer bailout of what was then known as Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake, but it has been selling this down progressively since. The stake fell below 20% back in July. Current stock price: 347.70 pence per share, down 0.3% on Wednesday morning in London 12-month change: up 57% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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