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

Rhea-AI Filing Summary

NatWest Group plc purchased 297,459 ordinary shares at a lowest price of 538.20p per share on the LSE as part of its ongoing buyback programme instructed on 25 July 2025. The company intends to cancel the repurchased shares. After settlement, NatWest will hold 230,976,667 shares in treasury and will have 8,040,573,850 ordinary shares in issue (excluding treasury). The filing points readers to a detailed breakdown of individual trades via a linked transaction report and includes contact details for investor and media relations.

Positive

• Continued execution of the announced buyback programme with an additional 297,459 shares repurchased
• Intent to cancel the repurchased shares, which reduces the issued share base and can be accretive per share

Negative

• None.

Insights

Equity Capital Markets Analyst

Small targeted buyback; shares will be cancelled, trimming issued share count.

The purchase of 297,459 shares at a lowest price of 538.20p reflects continued execution of the announced buyback programme and an explicit intention to cancel these shares, which reduces the issued share base.

This transaction is routine and incremental relative to total issued shares: the company will hold 230,976,667 treasury shares and have 8,040,573,850 shares outstanding (ex-treasury). Monitor the aggregate buyback pace in coming quarters for material EPS impact within 12 months.

Corporate Finance Specialist

Cancellation of repurchased stock is shareholder-accretive on a per-share basis if sustained.

Cancelling repurchased shares permanently reduces the denominator for per-share metrics, which can modestly increase EPS and returns to remaining shareholders if profits are stable.

The transaction size is small versus total shares outstanding, so material financial effects depend on the cumulative programme execution; review future trade disclosures for pace and aggregate amounts through the remainder of the programme.

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

October, 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

06 October 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
06-Oct-25	297,459	548.40	538.20	544.03	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 230,976,667 Ordinary Shares in treasury and have 8,040,573,850 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/2721C_1-2025-10-6.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:	06 October 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What shares did NatWest (NWG) repurchase on 06 October 2025?

NatWest repurchased 297,459 ordinary shares at a lowest price of 538.20p per share on the LSE.

Will NatWest cancel the repurchased shares (NWG)?

Yes. The company stated it intends to cancel the repurchased Ordinary Shares.

How many treasury and issued shares will NatWest have after settlement?

After settlement NatWest will hold 230,976,667 shares in treasury and have 8,040,573,850 Ordinary Shares in issue (excluding treasury).

Was this repurchase part of an existing programme for NWG?

Yes. The purchases were made under the company's existing buyback programme, pursuant to instructions issued on 25 July 2025.

Where can I find a full breakdown of the individual trades?

A full breakdown of individual trades is available at the linked transaction report: http://www.rns-pdf.londonstockexchange.com/rns/2721C_1-2025-10-6.pdf.