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

Rhea-AI Filing Summary

NatWest Group plc (NWG) reports it purchased 3,058,176 ordinary shares at a lowest price paid of 502.40 GBp per share on the London Stock Exchange as part of its ongoing buyback programme instructed on 25 July 2025. The purchases were executed by Merrill Lynch International (BofA) and a full trade breakdown is available via the provided RNS PDF link.

The Company intends to cancel the repurchased shares. After settlement, NatWest will hold 231,204,597 shares in treasury and will have 8,065,064,575 ordinary shares in issue excluding treasury shares.

Positive

• Repurchase executed: 3,058,176 ordinary shares were bought on the LSE at a lowest price of 502.40 GBp per share.
• Cancellation intention: The Company intends to cancel the repurchased Ordinary Shares, which will reduce issued share capital when completed.
• Disclosure compliance: Aggregate trade data provided and a link to a full breakdown shows adherence to Market Abuse Regulation disclosure requirements.

Negative

• None.

Insights

Financial Analyst

TL;DR: NatWest executed a routine tranche of its announced buyback, repurchasing 3.06m shares at 502.40p and signaling shareholder capital return.

The transaction is a straightforward execution of the company’s existing repurchase programme instructed on 25 July 2025. The repurchase volume is a modest reduction relative to total shares outstanding; the firm intends to cancel the repurchased shares, which will reduce issued share capital when completed. The disclosed lowest price paid (502.40 GBp) provides a concrete execution reference point. No earnings, asset, or liability changes are disclosed in this notice.

Corporate Governance Expert

TL;DR: The buyback and stated cancellation indicate active capital management but represent a routine, non-material governance action at this scale.

This announcement documents compliance with market abuse regulation disclosure requirements by providing aggregate trade data and a link to the detailed breakdown. Intention to cancel repurchased shares is consistent with returning capital to shareholders while reducing share count. There are no governance changes, executive actions, or material conditions disclosed alongside the repurchase.

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

September, 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

2 September 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
02-Sep-25	3,058,176	518.60	502.40	507.78	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 231,204,597 Ordinary Shares in treasury and have 8,065,064,575 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/7283X_1-2025-9-2.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:	02 September 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

How many shares did NatWest (NWG) repurchase in this announcement?

The Company repurchased 3,058,176 ordinary shares.

At what price were the NatWest (NWG) shares bought?

The lowest price paid disclosed was 502.40 GBp per share.

Will NatWest (NWG) cancel the repurchased shares?

Yes, the Company states it intends to cancel the repurchased Ordinary Shares.

How many NatWest (NWG) shares will be in issue after settlement?

Following settlement, NatWest will have 8,065,064,575 ordinary shares in issue, excluding treasury shares.

How many shares will NatWest hold in treasury after this transaction?

After settlement, the Company will hold 231,204,597 Ordinary Shares in treasury.