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

Rhea-AI Filing Summary

NatWest Group plc announced it purchased 926,167 ordinary shares on the London Stock Exchange at a lowest price of 533.60 GBp per share as part of its existing buyback programme instructed to Merrill Lynch International on 25 July 2025. The company intends to cancel the repurchased shares. After settlement, NatWest will hold 231,204,597 shares in treasury and will have 8,074,057,418 ordinary shares outstanding excluding treasury shares. A full breakdown of trades is available via the linked RNS PDF.

Insights

Financial Analyst

TL;DR: Small tranche of share repurchases executed under an existing buyback; immaterial to capital structure given total shares outstanding.

The announced purchase of 926,167 shares at a lowest price of 533.60 GBp is part of NatWest's ongoing buyback programme executed by Merrill Lynch International. The company will cancel these shares, and after settlement will hold 231,204,597 treasury shares with 8,074,057,418 shares outstanding excluding treasury. Relative to the stated outstanding share count, the transaction represents a very small percentage, suggesting negligible immediate impact on EPS or capital ratios. The link to the RNS provides transaction-level details for transparency.

Corporate Governance Expert

TL;DR: Repurchase follows board-authorized programme and includes cancellation intent, aligning with capital management practices.

NatWest executed the purchase through an appointed broker under prior instructions, and signalled intent to cancel the repurchased ordinary shares. This procedural disclosure meets regulatory transparency expectations by providing aggregate numbers, venue, and a trade breakdown link. The action is consistent with returning capital to shareholders under an established programme, but the disclosed amount is small relative to total shares outstanding and therefore unlikely to change governance or shareholder voting dynamics materially.

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

28 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
28-Aug-25	926,167	545.00	533.60	537.12	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 8,074,057,418 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/1287X_1-2025-8-28.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:	28 August 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What shares did NatWest (NWG) buy under the buyback?

NatWest purchased 926,167 ordinary shares on the London Stock Exchange through Merrill Lynch International.

At what price were the shares bought?

The lowest price paid reported was 533.60 GBp per share.

Will NatWest cancel the repurchased shares?

Yes, the company stated it intends to cancel the repurchased ordinary shares.

How many shares will NatWest hold in treasury after settlement?

After settlement, NatWest will hold 231,204,597 ordinary shares in treasury.

How many NatWest shares will be outstanding excluding treasury shares?

There will be 8,074,057,418 ordinary shares in issue excluding treasury shares.

Where can I find the full breakdown of individual trades?

A full breakdown is available in the RNS PDF at http://www.rns-pdf.londonstockexchange.com/rns/1287X_1-2025-8-28.pdf.