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flag NatWest buys back £1 billion in shares, further reducing UK government's stake to 11.4%.

flag NatWest has bought back £1 billion worth of shares from the UK government, reducing the government's stake in the bank from 14.81% to 11.4%. flag This is the second buyback this year, totaling £2.2 billion in repurchased shares. flag The government's stake has been reduced by more than two-thirds since December 2020, falling from 38% to 11.4%. flag NatWest received multibillion-pound bailouts during the 2008 financial crisis, resulting in the government owning up to 84% of the bank. flag The Treasury plans to fully privatize NatWest by 2025 or 2026.

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