[6-K] NatWest Group plc American Current Report (Foreign Issuer)
Rhea-AI Filing Summary
NatWest Group announced it purchased 2,228,451 ordinary shares at a lowest price of 542.40 GBp on 15-Aug-25 as part of its ongoing buyback programme instructed to Merrill Lynch International (BofA) on 25-Jul-25 and previously announced on 28-Jul-25. The Company intends to cancel the repurchased shares.
After settlement the Group will hold 231,229,355 shares in treasury and will have 8,077,866,836 ordinary shares in issue excluding treasury. A full trade breakdown is available via the linked RNS PDF.
Positive
- Repurchase executed: 2,228,451 ordinary shares bought under the Company's existing buyback programme
- Cancellation planned: The Company intends to cancel the repurchased shares, reducing outstanding share capital
- Post-transaction transparency: Full trade breakdown provided via RNS link and regulatory citation for disclosure
Negative
- None.
Insights
TL;DR Routine share buyback executed under an existing programme; small reduction in issued shares and cancellation planned.
The disclosure details a single-day execution of 2.23 million shares at a reported lowest price of 542.40 GBp, executed by Merrill Lynch International under the Companys buyback instructions. The repurchased shares are intended for cancellation which will reduce the Company's outstanding share count by the stated amount after settlement. This is a standard capital allocation action consistent with active buyback programmes; the filing provides transaction specifics and points readers to the full trade breakdown for auditability.
TL;DR Transparent regulatory disclosure of buyback activity with planned cancellation; governance protocols appear followed.
The report cites compliance with Article 5(1)(b) of the Market Abuse Regulation and provides an external link to the detailed trade list, indicating adherence to disclosure obligations. The intent to cancel repurchased shares is explicitly stated, which signals a permanent reduction in share capital rather than temporary treasury retention. Contact details and the Legal Entity Identifier are included, supporting traceability of the transaction.