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

Rhea-AI Filing Summary

NatWest Group plc purchased 919,577 ordinary shares at a lowest price of 506.60 GBp on the London Stock Exchange as part of its ongoing share buyback programme instructed on 25 July 2025. The company says it intends to cancel the repurchased shares. After settlement the company will hold 231,003,400 shares in treasury and will have 8,044,734,729 shares in issue excluding treasury. A full breakdown of individual trades executed by Merrill Lynch International (BofA) is provided via a link to the exchange notice. Contact details for investor and media relations and the company Legal Entity Identifier are included in the filing.

Positive

• Buyback executed under existing programme, demonstrating active capital return policy
• Company intends to cancel the repurchased shares, reducing issued share count
• Transparent disclosure with link to full trade breakdown and regulatory citation

Negative

• None.

Insights

Corporate Finance Analyst

TL;DR: NatWest executed a routine buyback tranche of 919,577 shares and will cancel them, modestly reducing outstanding share count.

The transaction is described as part of an existing repurchase programme instructed on 25 July 2025. The filing reports the number of shares repurchased, the lowest price paid (506.60 GBp) and the post-settlement treasury and issued share counts. Because the company intends to cancel the repurchased shares, this action will formally reduce the issued share base by the cancelled amount once processed. The report includes a link to a full breakdown of individual trades executed by Merrill Lynch International on NatWest's behalf, which supports transparency of execution under the programme.

Corporate Governance Expert

TL;DR: Disclosure aligns with market abuse regulation requirements and provides trade-level transparency via the linked schedule.

The filing cites Article 5(1)(b) of the Market Abuse Regulation as applied in the UK and supplies a link to detailed trade data, indicating compliance with regulatory disclosure obligations for buybacks. The statement of intent to cancel repurchased shares is clear and the announcement provides updated treasury and issued share counts, which are relevant for governance and shareholder reporting. No governance issues or departures are disclosed in this notice.

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

September, 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

24 September 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
24-Sep-25	919,577	517.60	506.60	514.90	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 231,003,400 Ordinary Shares in treasury and have 8,044,734,729 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/7100A_1-2025-9-24.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 September 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What shares did NatWest (NWG) buy on 24 September 2025?

NatWest purchased 919,577 ordinary shares on the London Stock Exchange at a lowest price of 506.60 GBp.

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?

Following settlement NatWest will hold 231,003,400 ordinary shares in treasury.

What is NatWest's issued share count excluding treasury after this transaction?

The company reports 8,044,734,729 ordinary shares in issue excluding treasury shares.

Who executed the buyback on NatWest's behalf and where can I see trade-level details?

Merrill Lynch International (BofA) executed the trades and a full breakdown is linked in the filing: http://www.rns-pdf.londonstockexchange.com/rns/7100A_1-2025-9-24.pdf.

Under what authority were the trades disclosed?

The filing cites Article 5(1)(b) of Regulation (EU) No.596/2014 as applied in the UK (Market Abuse Regulation) for trade-level disclosure.