NatWest Group cancels 917,778 repurchased shares, 8.02B in issue

Rhea-AI Filing Summary

NatWest Group plc reported a routine share buyback transaction. On 18 November 2025, the company purchased 917,778 ordinary shares from Merrill Lynch International as part of its ongoing buyback programme. The shares, each with a nominal value of £1.0769, were bought on the London Stock Exchange at prices between 576.60 GBp and 587.80 GBp, with a volume-weighted average price of 581.68 GBp per share.

The company intends to cancel the repurchased shares. After settlement, NatWest will hold 230,239,434 ordinary shares in treasury and have 8,019,896,981 ordinary shares in issue excluding treasury shares, slightly reducing the number of shares available in the market.

Form 6-K: How Foreign Companies Report to the SEC →

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

November, 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
18 November 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
18-Nov-25	917,778	587.80	576.60	581.68	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 230,239,434 Ordinary Shares in treasury and have 8,019,896,981 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/0616I_1-2025-11-18.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:	18 November 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What did NatWest Group plc (NWG) announce in this Form 6-K?

NatWest Group plc announced a transaction in its own shares, confirming that it repurchased 917,778 ordinary shares on 18 November 2025 as part of its share buyback programme.

How many NatWest (NWG) shares were repurchased and at what prices?

NatWest repurchased 917,778 ordinary shares on the London Stock Exchange at a highest price of 587.80 GBp, a lowest price of 576.60 GBp, and a volume-weighted average price of 581.68 GBp per share.

What does NatWest intend to do with the repurchased shares?

The company stated that it intends to cancel the repurchased ordinary shares, which reduces the total number of shares outstanding in the market.

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

Following settlement of this transaction, NatWest will hold 230,239,434 ordinary shares in treasury and have 8,019,896,981 ordinary shares in issue, excluding treasury shares.

Who executed the NatWest share buyback trades and on which venue?

The trades were executed by Merrill Lynch International (BofA) on behalf of NatWest on the London Stock Exchange (LSE).

Where can investors find the detailed NatWest buyback trade breakdown?

A full breakdown of the individual trades made by Merrill Lynch International as part of the buyback programme is available via the linked PDF at rns-pdf.londonstockexchange.com, as referenced in the announcement.