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NatWest launches £800m buyback after profit beats estimates
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fnlondon.comNatWest on 17 February posted a rise in pretax profit for the fourth quarter of 2022, which came in slightly ahead of market views, and said it intends to start a share buyback program of up to £800m in the first half of 2023.
The UK bank posted a pretax profit of £1.43bn for the three months to 31 December, compared with £543m for the fourth quarter of 2021, against the £1.40bn expected in a company-compiled consensus.
The...
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