[6-K] NatWest Group plc American Current Report (Foreign Issuer)
Rhea-AI Filing Summary
NatWest Group plc announced it repurchased 2,341,343 ordinary shares on the London Stock Exchange at a lowest price of 505.20 GBp per share as part of its existing buyback programme executed via Merrill Lynch International (BofA). The company intends to cancel the repurchased shares. After settlement, NatWest will hold 231,198,006 ordinary shares in treasury and will have 8,059,068,430 ordinary shares in issue excluding treasury shares. The purchases were effected pursuant to the Company’s instructions to BofA issued on 25 July 2025, and a full breakdown of the individual trades is provided in the linked transaction report.
Positive
- Share repurchase executed—2,341,343 ordinary shares purchased on LSE
- Intent to cancel the repurchased shares, reducing shares outstanding
- Post-transaction transparency provided with exact treasury and issued share counts and a link to detailed trades
Negative
- None.
Insights
TL;DR: NatWest executed a routine buyback tranche, reducing issued shares and signalling ongoing capital return under its programme.
The described transaction is a straightforward tranche of the Company's announced buyback programme: 2,341,343 shares bought on the LSE at a reported lowest price of 505.20 GBp. The Company has stated an intention to cancel these repurchased shares, which will reduce the number of shares outstanding excluding treasury holdings. The filing supplies exact post-settlement treasury and issued share counts, and provides a link to a full breakdown of trades executed by the broker. This disclosure aligns with routine market abuse regulation requirements for trade transparency.
TL;DR: The buyback was executed through an appointed broker with formal disclosure and plans to cancel shares, reflecting standard governance process.
The Company used Merrill Lynch International as agent and referenced regulatory Article 5(1)(b) for full trade breakdown transparency. The explicit statement of intent to cancel repurchased shares and the reporting of treasury and issued share counts indicate adherence to corporate governance and disclosure norms for share buybacks. The filing includes contact details and a link to the detailed transaction schedule, supporting investor transparency.
