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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

NatWest investors given £1.5bn weeks after full privatisation

A NatWest branch.
NatWest shares rose on Friday morning after the release of its second-quarter results. Photograph: Maureen McLean/Rex/Shutterstock

NatWest will give a further £1.5bn to shareholders only weeks after the UK government sold the final part of its stake in the once bailed-out bank.

The high street lender on Friday announced plans to distribute an interim dividend of 9.5p a share, worth a collective £768m, on top of a fresh £750m share buy-back in the second half of the year.

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