[6-K] NatWest Group plc American Current Report (Foreign Issuer)

Rhea-AI Filing Summary

NatWest Group plc executed a share repurchase on 14 August 2025, buying 1,925,520 ordinary shares from Merrill Lynch International (BofA) on the London Stock Exchange. The trades recorded a highest price of 555.20p, a lowest price of 542.60p and a volume-weighted average price of 552.55p. The repurchase was carried out under the Company’s existing buyback programme instructed to BofA on 25 July 2025 and announced on 28 July 2025. The Company intends to cancel the repurchased shares. After settlement the Company will hold 231,229,355 treasury shares and have 8,080,095,287 shares in issue excluding treasury.

Positive

• Repurchase completed under an existing, authorized buyback programme
• Company intends to cancel the repurchased shares, which will reduce issued share count excluding treasury

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine execution of an announced buyback: 1.93m shares repurchased at a VWAP of 552.55p; intended cancellation limits immediate dilution.

This transaction is a scheduled tranche under the existing buyback programme instructed on 25 July 2025 and announced 28 July 2025. The filing reports trade-level price range (555.20p high, 542.60p low) and a VWAP of 552.55p, executed on the LSE and purchased from Merrill Lynch International. The Company states the repurchased shares will be cancelled and provides updated treasury and issued share figures. Impact assessment: neutral given routine nature and explicit programme context.

Corporate Governance Expert

TL;DR: Share buyback executed under an existing mandate with cancellation planned; maintains capital-return policy consistency.

The Form 6-K confirms that the repurchase was effected under instructions to BofA and that the Company intends to cancel the repurchased Ordinary Shares, which is a governance-level decision affecting issued share capital. The disclosure includes post-settlement treasury holdings and issued share count excluding treasury, and references a detailed trade breakdown in an attached RNS. The filing follows market disclosure requirements and supplies the Legal Entity Identifier. Impact assessment: not materially disruptive to governance structures.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

August, 2025

Commission File Number 001-10306

NatWest Group plc

250 Bishopsgate,

London, EC2M 4AA

United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:

NatWest Group plc

14 August 2025

Transaction in Own Shares

NatWest Group plc (the "Company") announces today that it has purchased the following number of ordinary shares in the Company with a nominal value of £1.0769* each ("Ordinary Shares") from Merrill Lynch International ("BofA").

Aggregated information:    

Date of purchase	Number of Ordinary Shares purchased	Highest price paid: (GBp)	Lowest price paid: (GBp)	Volume  weighted average price paid per share (GBp)	Venue
14-Aug-25	1,925,520	555.20	542.60	552.55	LSE

* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share

Such purchases form part of the Company's existing share buyback programme and were effected pursuant to the instructions issued by the Company to BofA on 25 July 2025, as announced on 28 July 2025.

The Company intends to cancel the repurchased Ordinary Shares.

Following the settlement of the above transactions, the Company will hold 231,229,355 Ordinary Shares in treasury and have 8,080,095,287 Ordinary Shares in issue (excluding treasury shares).

Further information:

Investor Relations     

+ 44 (0)207 672 1758    

Media Relations     

+44 (0)131 523 4205    

Legal Entity Identifier: 2138005O9XJIJN4JPN90

Transaction details    

In accordance with Article 5(1)(b) of Regulation (EU) No.596/2014 as it applies in the UK (Market Abuse Regulation), a full breakdown of the individual trades made by BofA on behalf of the Company as part of the buyback programme is detailed in the attached: http://www.rns-pdf.londonstockexchange.com/rns/4239V_1-2025-8-14.pdf

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			NatWest Group plc (Registrant)
Date:	14 August 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What did NatWest (NWG) announce in this Form 6-K?

NatWest announced it purchased 1,925,520 ordinary shares on 14 August 2025 under its existing buyback programme.

At what prices were the shares purchased?

Highest price 555.20p, lowest price 542.60p, VWAP 552.55p per share on the London Stock Exchange.

From whom and where were the shares bought?

Purchased from Merrill Lynch International (BofA) and executed on the LSE.

What will NatWest do with the repurchased shares?

The Company intends to cancel the repurchased Ordinary Shares as stated in the filing.

How many treasury and issued shares will NatWest have after settlement?

231,229,355 treasury shares and 8,080,095,287 Ordinary Shares in issue (excluding treasury) following settlement.

Where can I find a full breakdown of the trades?

A full trade breakdown is provided in the attached RNS available at the link referenced in the Form 6-K.