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NatWest Group (NYSE: NWG) reports July buybacks and updated voting rights

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

NatWest Group plc reports that, over the past week, it purchased ordinary shares of £1.0769 nominal value from UBS AG, London Branch as part of its share buyback programme. Purchases between 20 and 24 July 2026 were executed on the LSE, CHIX and BATE at prices between 658.60 and 672.0000 GBp per share.

The company intends to cancel the repurchased Ordinary Shares. After settlement, NatWest Group holds 178,764,438 ordinary shares in treasury and has 7,962,935,196 ordinary shares in issue, excluding treasury shares. The total number of voting rights is 31,853,673,344, which shareholders may use as the denominator for FCA disclosure calculations.

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Highest price paid 672.0000 GBp Maximum price per share paid in reported buybacks between 20 and 24 July 2026
Lowest price paid 658.60 GBp Minimum price per share paid in reported buybacks between 20 and 24 July 2026
Shares purchased 20 July 2026 (LSE) 132,802 shares Ordinary shares repurchased on the London Stock Exchange on 20 July 2026
Treasury shares 178,764,438 shares Ordinary shares held in treasury after settlement of the reported transactions
Ordinary shares in issue 7,962,935,196 shares Ordinary shares in issue excluding treasury shares after settlement
Total voting rights 31,853,673,344 Total voting rights in NatWest Group used as denominator for FCA disclosures
treasury shares financial
"NWG will hold 178,764,438 Ordinary Shares in treasury"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
Market Abuse Regulation regulatory
"In accordance with Article 5(1)(b) of Regulation (EU) No.596/2014 as it applies in the UK (Market Abuse Regulation)"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
Disclosure Guidance and Transparency Rules regulatory
"determine if they are required to notify their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules"
Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.
volume weighted average price financial
"Volume weighted average price paid per share (GBp)"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What share buyback activity did NatWest Group (NWG) report for July 2026?

NatWest Group plc bought back ordinary shares from UBS AG, London Branch between 20 and 24 July 2026. Trades were executed on the LSE, CHIX and BATE at prices between 658.60 and 672.0000 GBp per share as part of its buyback programme.

How many NatWest Group (NWG) shares are now held in treasury?

After these buyback transactions, NatWest Group holds 178,764,438 ordinary shares in treasury. This figure reflects the position following settlement of the reported purchases and is relevant for understanding the company’s capital and share count structure.

What is the current number of NatWest Group (NWG) shares in issue?

Following settlement of the reported repurchases, NatWest Group has 7,962,935,196 ordinary shares in issue, excluding treasury shares. This represents the share capital available to public investors and is separate from the shares held in treasury by the company.

What are the total voting rights in NatWest Group (NWG) after the buyback?

Total voting rights in NatWest Group are 31,853,673,344. Shareholders may use this figure as the denominator when assessing whether they must notify interests or changes in interests under the FCA’s Disclosure Guidance and Transparency Rules.

What does NatWest Group (NWG) plan to do with the repurchased shares?

NatWest Group states that it intends to cancel the repurchased Ordinary Shares. Cancellation would remove these shares from circulation rather than retaining them permanently in treasury, affecting future calculations of share capital and potential dilution.

Where can investors find detailed trade data for NatWest Group (NWG) buybacks?

A full breakdown of individual trades by UBS on NatWest Group’s behalf is provided under Article 5(1)(b) of Regulation (EU) No.596/2014 (Market Abuse Regulation) via an attached RNS PDF link referenced in the company’s announcement.

 
 
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
 
July, 2026
 
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
 
 
 
 
 
24 July 2026
 
 
 
 
 
 
Transaction in Own Shares
 
 
 
 
 
NatWest Group plc (the 'Company') announces that, over the past week, it has purchased the following number of ordinary shares in the Company with a nominal value of £1.0769* each ('Ordinary Shares') from UBS AG, London Branch ('UBS').
 
 
 
 
 
 
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
20 July 2026
132,802
660.0000
658.60
659.3758
LSE
20 July 2026
29,681
660.0000
658.60
659.2774
CHIX
20 July 2026
13,298
660.0000
658.60
659.3904
BATE
23 July 2026
20,000
672.0000
669.60
671.5832
LSE
24 July 2026
209,203
672.0000
669.60
671.5020
LSE
24 July 2026
54,974
672.0000
670.00
670.9158
CHIX
24 July 2026
14,018
672.0000
671.80
671.9307
BATE
 
* 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 UBS on 16 February 2026, as announced on 16 February 2026.
 
 
 
 
 
 
The Company intends to cancel the repurchased Ordinary Shares.
 
 
 
 
 
 
 
Following the settlement of the above transactions, NWG will hold 178,764,438 Ordinary Shares in treasury and have 7,962,935,196 Ordinary Shares in issue (excluding treasury shares). The total number of voting rights in the Company will be 31,853,673,344. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
 
 
 
 
 
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 UBS on behalf of the Company as part of the buyback programme relating to the Transactions is detailed in the attached:
 
http://www.rns-pdf.londonstockexchange.com/rns/8581N_1-2026-7-24.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:
24 July 2026
 
 
By:
/s/ Mark Stevens
 
 
 
 
 
 
 
 
 
 
 
 
Name:
Mark Stevens
 
 
 
 
 
Title:
Assistant Secretary