[144] Kimberly-Clark Corp. SEC Filing

Rhea-AI Filing Summary

NatWest Group plc (NWG) filed a Form 6-K detailing the daily progress of its previously announced on-market share buyback. On 4 Aug 2025 the bank repurchased 1,015,181 ordinary shares at prices between 515.60 p and 528.60 p, producing a volume-weighted average price of 524.65 p. Merrill Lynch International executed the trades on the London Stock Exchange under instructions dated 25 Jul 2025.

The repurchased shares will be cancelled. Post-settlement, NatWest will hold 231,646,267 shares in treasury and have 8,093,068,030 shares outstanding (ex-treasury). The filing supplies a link to the full trade-by-trade breakdown in compliance with UK Market Abuse Regulation Article 5(1)(b).

The transaction equates to roughly 0.013% of shares outstanding, signalling continued capital return but with immaterial immediate impact on capital structure or earnings per share.

Positive

• Continuation of authorised buyback demonstrates commitment to shareholder returns.
• Immediate cancellation eliminates dilution risk from treasury shares.

Negative

• Scale is negligible at 0.013% of shares outstanding; limited impact on EPS or capital metrics.

Insights

Equity Analyst

TL;DR: Minor buyback tranche; signals ongoing capital return, but volume is immaterial to valuation.

The purchase of just over 1 million shares (~£5.3 m) represents a tiny 0.013% reduction in share count. While continued execution underscores management’s commitment to capital distribution and may marginally support EPS, it does not meaningfully alter NatWest’s CET1 ratio or dividend capacity. Investors should view this as routine programme housekeeping rather than a catalyst.

Corporate Governance Specialist

TL;DR: Buyback complies with MAR; cancellation avoids treasury overhang.

The filing confirms adherence to Article 5 safe-harbour requirements, with transparent trade disclosure. Cancelling, rather than retaining, the shares removes future resale risk and aligns with shareholder-value goals, yet the microscopic size limits strategic significance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Long Shares	Merrill Lynch 2100 Ross ave suite 1000 dallas TX 75201	15038	2005667.44	331820000	08/04/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Long Shares	08/04/2025	Stock Sale	Kimberly Clark			15038	08/06/2025	Cash from Stock Sale

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many NatWest (NWG) shares were repurchased on 4 Aug 2025?

The company bought 1,015,181 ordinary shares.

What price did NatWest pay in the 4 Aug 2025 buyback?

Prices ranged from 515.60 p to 528.60 p with a VWAP of 524.65 p.

Will the repurchased NWG shares be cancelled or held in treasury?

NatWest intends to cancel all shares bought in this tranche.

How many NatWest shares remain outstanding after this transaction?

Outstanding shares (excluding treasury) will be 8,093,068,030.

What is NatWest’s current treasury share balance?

Treasury shares will total 231,646,267 after settlement.