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RBS in talks with government over dividend policy

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RBS in talks with government over dividend policy

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  • The repurchase of the shares would need to be agreed by all shareholder
  • While the government would still have an 80% stake in RBS even if the bank bought back the dividend access shares, it would move it closer to resuming dividend payments to all shareholders.
  • George Osborne, Chancellor of the Exchequer, said at the end of last year he would negotiate an end to the dividend access scheme

Read the full article here on Investment Week

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