Source - Alliance News
NatWest Group PLC - Edinburgh, Scotland-headquartered lender - Estimates £56 million charge in third-quarter results following recent tender offer. ‘After taking into account the estimated effect of taxation, and based on risk weighted assets of £179.8 billion as reported for June 30, 2022, this would equate to a reduction in NatWest Group’s CET1 capital ratio of approximately 3bps,’ it says. Says final charge to be dependent on foreign exchange rates. on Tuesday the group said $3.40 billion of notes were validly tendered in offer.
Current stock price: 257.20 pence
12-month change: up 19%
Copyright 2022 Alliance News Limited. All Rights Reserved.