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

Rhea-AI Filing Summary

NatWest Group plc bought 272,667 ordinary shares at a lowest price of 541.20 GBp on the London Stock Exchange as part of its ongoing share buyback programme. The purchases were executed by Merrill Lynch International (BofA) under instructions given on 25 July 2025. The Company intends to cancel the repurchased shares. After settlement, NatWest will hold 231,210,663 shares in treasury and will have 8,074,977,519 ordinary shares outstanding (excluding treasury shares). A full breakdown of individual trades is available via the provided RNS link.

Positive

• Execution of buyback programme: 272,667 shares repurchased on the LSE, indicating active capital return implementation
• Intent to cancel: Company states it intends to cancel the repurchased shares, which will reduce outstanding share count
• Clear post-transaction disclosure: Provides treasury share and outstanding share counts after settlement

Negative

• None.

Insights

Financial Analyst

TL;DR Routine buyback execution: modest block of shares repurchased and slated for cancellation, supporting shareholder returns.

The transaction shows continued execution of NatWest's announced buyback programme. The purchase of 272,667 shares at a lowest reported price of 541.20 GBp is a discrete tranche executed on the LSE by BofA under prior instructions. Cancellation of the repurchased shares will permanently reduce the ordinary share count once completed, modestly increasing remaining shareholders' proportional ownership. The filing provides the post-settlement treasury and outstanding share counts but does not disclose the total programme size or remaining authorization in this document.

Corporate Governance Expert

TL;DR Governance-compliant buyback disclosure: trade-level details referenced and cancellation intended, consistent with market practice.

The filing references compliance with market abuse regulations by providing an RNS link to the detailed trade breakdown. Stating the intention to cancel the shares is a clear governance signal about capital management. The report names the broker (Merrill Lynch International) and gives precise post-transaction treasury and outstanding share counts, which supports transparency. The document does not include board authorization details or the remaining buyback capacity within this filing.

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

27 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
27-Aug-25	272,667	547.40	541.20	543.39	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 231,210,663 Ordinary Shares in treasury and have 8,074,977,519 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/9436W_1-2025-8-27.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:	27 August 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What shares did NatWest Group (NWG) repurchase?

NatWest repurchased 272,667 ordinary shares with nominal value £1.076923076923077 each, executed on the LSE.

At what price were the shares purchased in the NatWest (NWG) trade?

The lowest price paid reported in this filing was 541.20 GBp per share.

Will NatWest cancel the repurchased shares?

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

How many shares will NatWest hold in treasury after settlement?

After settlement, NatWest will hold 231,210,663 Ordinary Shares in treasury.

How many Ordinary Shares will be outstanding after this transaction?

The filing reports 8,074,977,519 Ordinary Shares in issue excluding treasury shares following settlement.

Where can I find the full breakdown of individual trades?

The filing provides an RNS link to the detailed trade breakdown: http://www.rns-pdf.londonstockexchange.com/rns/9436W_1-2025-8-27.pdf