Welcome to our dedicated page for Natwest Group Plc news (Ticker: NWG), a resource for investors and traders seeking the latest updates and insights on Natwest Group Plc stock.
NatWest Group plc (NWG) is a commercial banking company in the finance and insurance sector that operates retail, commercial and private banking activities in the United Kingdom. News about NatWest Group often focuses on its capital management actions, regulatory disclosures and transactions in its own securities, which are relevant for investors following NWG stock and its American Depositary Shares.
Company announcements released in London and furnished to the U.S. Securities and Exchange Commission on Form 6-K cover topics such as cash tender offers for U.S. dollar denominated notes, share buyback activity and changes to the board of directors. For example, NatWest Group has launched tender offers to purchase for cash any and all of certain series of subordinated Tier 2 notes, trust preferred securities and other regulatory capital instruments. These offers include detailed terms on pricing, reference U.S. Treasury securities, fixed spreads and settlement timetables.
Recent filings also describe daily transactions in NatWest Group’s own ordinary shares, carried out under an existing share buyback programme through Merrill Lynch International. Each announcement discloses the number of ordinary shares purchased, price ranges, volume weighted average prices and the intention to cancel the repurchased shares, along with updated figures for treasury holdings and shares in issue.
In addition, NatWest Group uses news releases to communicate directorate changes, such as the retirement of a non-executive director and the appointment of an independent non-executive director with experience in technology, cyber and AI. Investors who follow NWG news can use this page to monitor these types of announcements, which are first issued in London and then furnished to the SEC, providing insight into the bank’s governance, capital structure and securities transactions.
On August 1, 2022, NatWest Group plc and NatWest Markets N.V. announced separate cash tender offers to purchase select series of U.S. dollar-denominated notes. The offers aim to allow noteholders to sell back their securities while ensuring the companies maintain their capital and MREL positions. The Offers will expire at 5:00 p.m. New York time on August 8, 2022. Holders of validly tendered notes will receive a purchase price based on a yield to maturity, alongside accrued interest. The expected settlement date is August 10, 2022.
On March 23, 2021, NatWest Group launched tender offers to acquire certain U.S. dollar-denominated notes totaling various principal amounts. The Offers, subject to specific terms and conditions, aim to repurchase these notes as part of a responsible capital management strategy. Notably, the Offers will expire on March 29, 2021, with key dates surrounding pricing and settlement outlined. The Offers do not depend on a minimum amount being tendered, and accrued interest will be paid alongside the purchase price for validly tendered notes.