In a statement to the market this morning, the bank confirmed that it had purchased 263m shares at a price of 380.8p per share.

NatWest has bought back £1bn of shares from the Treasury taking the taxpayer’s stake in the high street bank down to 11.4% from 14.2%. The government and

NatWest has edged closer to full privatisation after buying back £1bn of its shares from the Government. The taxpayer-backed lender said it bought 263 million shares from the Government at a price of 380.8p each, reducing the Government’s stake to around 11.4 per cent from 14.81 per cent, as at the end of October.

We believe it is a positive use of capital for the bank and for our shareholders and we are pleased with the sustained momentum in reducing HM Treasury’s stake in NatWest Group throughout this year,” said NatWest CEO Paul Thwaite. Gary Greenwood ...

NatWest has moved another step closer to complete privatisation after purchasing £1 billion worth of its shares from the British government, reducing the state's ownership to 11.4 per cent from around 14.

NatWest Group Plc bought back £1 billion ($1.29 billion) of its shares from the UK government as the Treasury continues to sell down its stake in the lender.

NatWest has bought back 1 billion pounds ($1.29 billion) worth of its own shares from Britain's government, the bank said on Monday, as it continues its exit from state ownership following its bailout in the 2008 financial crisis.

Natwest said it bought 263m shares from the Government at a price of 380.8p each, reducing the stake to around 11.4% from 14.81%.