NatWest Group (NWG) steps up March 2026 buybacks and updates share count

Rhea-AI Filing Summary

NatWest Group plc reported that over the week of 9–13 March 2026 it repurchased ordinary shares from UBS AG London Branch as part of its share buyback programme. The trades were executed on the London Stock Exchange, Cboe UK (CHIX) and BATS Europe (BATE).

The company intends to cancel the repurchased shares. After settling these transactions, NatWest holds 195,451,294 ordinary shares in treasury and has 7,989,979,302 ordinary shares in issue excluding treasury shares. During the period, trade prices ranged from about 559.20 GBp to 591.60 GBp per share.

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

March, 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
13 March 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
09 March 2026	566,304	574.4000	559.40	568.4561	LSE
09 March 2026	200,710	574.4000	559.20	568.1102	CHIX
09 March 2026	5,711	569.2000	563.40	567.3154	BATE
10 March 2026	21,783	588.0000	587.00	587.6652	LSE
10 March 2026	8,036	588.0000	587.00	587.7390	CHIX
10 March 2026	3,454	588.0000	587.80	587.9347	BATE
11 March 2026	479,540	591.6000	586.00	588.3039	LSE
11 March 2026	188,826	591.4000	586.20	588.4533	CHIX
11 March 2026	62,854	591.6000	585.80	588.4337	BATE
12 March 2026	938,781	586.4000	565.80	573.6103	LSE
12 March 2026	365,700	585.0000	565.60	573.7468	CHIX
12 March 2026	15,870	583.4000	566.00	575.6875	BATE
13 March 2026	656,309	576.6000	565.20	569.6416	LSE
13 March 2026	228,726	576.6000	566.00	570.0241	CHIX
13 March 2026	16,542	573.2000	567.00	568.3974	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 195,451,294 Ordinary Shares in treasury and have 7,989,979,302 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 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/6650W_1-2026-3-13.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:	13 March 2026			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What did NatWest Group plc (NWG) report in this 6-K filing?

NatWest Group plc reported recent share buybacks executed between 9 and 13 March 2026. The bank repurchased ordinary shares from UBS across LSE, CHIX and BATE venues, intends to cancel these shares, and updated its treasury and shares-in-issue figures following settlement.

How many NatWest (NWG) shares are now in issue after the buybacks?

After the reported buybacks, NatWest has 7,989,979,302 ordinary shares in issue, excluding treasury shares. The company also holds 195,451,294 ordinary shares in treasury, reflecting the cumulative impact of its share repurchase activity up to these March 2026 transactions.

Does NatWest (NWG) intend to cancel the repurchased shares?

Yes, NatWest intends to cancel the repurchased ordinary shares acquired in these transactions. This means the bought-back shares are expected to be removed from circulation, which can reduce the number of shares outstanding and slightly increase the ownership percentage of remaining shareholders.

What price range did NatWest (NWG) pay for its share buybacks?

NatWest’s buybacks during 9–13 March 2026 occurred between approximately 559.20 GBp and 591.60 GBp per share. These trades were executed on the London Stock Exchange and alternative trading venues CHIX and BATE as part of its ongoing share repurchase programme.

On which trading venues did NatWest (NWG) execute these share repurchases?

NatWest executed the reported share repurchases on the London Stock Exchange (LSE), Cboe UK (CHIX) and BATS Europe (BATE). Using multiple venues allows the company’s broker, UBS AG London Branch, to source liquidity efficiently while carrying out the authorised buyback programme.

Who acted as NatWest’s broker for the March 2026 share buybacks?

UBS AG, London Branch acted as NatWest’s broker for these share repurchases. UBS executed multiple trades on LSE, CHIX and BATE on behalf of the company as part of the buyback programme, with full trade-level details referenced in an attached breakdown document.