NatWest Group buys back shares in May 2026

NatWest Group plc reports that over late May 2026 it repurchased 563,721 ordinary shares of £1.0769 nominal value from UBS AG London Branch as part of its share buyback programme.

Rhea-AI Filing Summary

NatWest Group plc reports that over late May 2026 it repurchased 563,721 ordinary shares of £1.0769 nominal value from UBS AG London Branch as part of its share buyback programme. Purchases on 28–29 May 2026 were executed on the LSE, CHIX and BATE at prices between 587.40 and 595.8000 GBp, with volume weighted average prices around 589.4–593.1 GBp.

After settlement, NatWest holds 181,974,680 ordinary shares in treasury and has 7,973,198,402 ordinary shares in issue excluding treasury shares. The company intends to cancel the repurchased shares, reducing the number of shares outstanding over time.

Key Figures

Total shares repurchased: 563,721 shares Lowest repurchase price: 587.40 GBp Highest repurchase price: 595.8000 GBp +4 more

7 metrics

Total shares repurchased 563,721 shares Ordinary shares bought back over 28–29 May 2026

Lowest repurchase price 587.40 GBp Lowest price paid per share during the buyback period

Highest repurchase price 595.8000 GBp Highest price paid per share during the buyback period

VWAP LSE 28 May 2026 589.6488 GBp Volume weighted average price on LSE on 28 May 2026

Treasury shares after buyback 181,974,680 shares Ordinary shares held in treasury after settlement

Shares in issue excluding treasury 7,973,198,402 shares Ordinary shares in issue after settlement, excluding treasury

Nominal value per share £1.0769 Nominal value of each ordinary share repurchased

Key Terms

treasury shares, volume weighted average price, Market Abuse Regulation, ordinary shares, +1 more

5 terms

treasury shares financial

"NWG will hold 181,974,680 Ordinary Shares in treasury and have 7,973,198,402 Ordinary Shares in issue (excluding treasury shares)."

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.

volume weighted average price financial

"Volume weighted average price paid per share (GBp) | Venue 28 May 2026 | 332,991 | 592.0000 | 587.40 | 589.6488 | LSE"

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.

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), a full breakdown of the individual trades..."

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.

ordinary shares financial

"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"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Legal Entity Identifier regulatory

"Legal Entity Identifier: 2138005O9XJIJN4JPN90"

A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What share buyback did NatWest Group (NWG) report in this 6-K?

NatWest Group reported repurchasing 563,721 ordinary shares from UBS AG London Branch in late May 2026. The buyback formed part of its ongoing programme, with trades executed on the LSE, CHIX and BATE at prices around 587–596 GBp per share.

At what prices did NatWest Group (NWG) repurchase its ordinary shares?

NatWest Group repurchased shares at a low of 587.40 GBp and a high of 595.8000 GBp during the reported period. Volume weighted average prices ranged from about 589.43 GBp to 593.13 GBp across LSE, CHIX and BATE venues.

How many treasury shares does NatWest Group (NWG) hold after this buyback?

Following these repurchases, NatWest Group holds 181,974,680 ordinary shares in treasury. The company also states it has 7,973,198,402 ordinary shares in issue, excluding treasury shares, showing the scale of its existing equity base after the transactions.

What is NatWest Group’s total ordinary shares in issue after the May 2026 buyback?

After settlement, NatWest Group has 7,973,198,402 ordinary shares in issue, excluding treasury shares. This figure reflects the updated share capital position following the May 2026 repurchases and before cancellation of the newly bought back shares is effected.

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

NatWest Group states it intends to cancel the repurchased ordinary shares acquired under this buyback. Cancelling these shares permanently removes them from circulation, which typically reduces the company’s total shares outstanding once cancellation is completed.

Where can investors see detailed trade data for NatWest Group’s May 2026 buyback?

Detailed individual trade data for the buyback, executed by UBS on behalf of NatWest Group, is provided via a linked RNS PDF. This breakdown complies with Article 5(1)(b) of the UK Market Abuse Regulation and lists each transaction’s size and price.

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

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/29/2026 - 01:43 PM Learn about SEC filing dates

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

May, 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
29 May 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
28 May 2026	332,991	592.0000	587.40	589.6488	LSE
28 May 2026	96,033	592.0000	587.40	589.7355	CHIX
28 May 2026	51,532	592.0000	587.40	589.4287	BATE
29 May 2026	83,165	595.8000	591.00	593.1326	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 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 181,974,680 Ordinary Shares in treasury and have 7,973,198,402 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/3145G_1-2026-5-29.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:	29 May 2026			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary