NatWest announces share consolidation and details of special dividend payment
Banking group NatWest (NWG) has announced a share consolidation and further details of its special dividend payment, nudging shares in the lender 0.3% higher to 254.9p.
SHARE CONSOLIDATION
A share consolidation is a corporate action conducted by a company with the intention of reducing the number of its shares trading on the stock exchange.
It does so by reducing the number of shares held ...