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

Rhea-AI Filing Summary

NatWest Group purchased 70,161 ordinary shares at a lowest price paid of 531.20 GBp on the London Stock Exchange as part of its ongoing share buyback programme. The trades were executed by Merrill Lynch International (BofA) under instructions given on 25 July 2025 and announced on 28 July 2025. The Company intends to cancel the repurchased shares.

After settlement, NatWest will hold 231,069,404 ordinary shares in treasury and will have 8,054,863,154 ordinary shares in issue excluding treasury shares. A full breakdown of individual trades is provided in the linked transaction report hosted on the London Stock Exchange.

Positive

• Buyback executed under the existing programme showing follow-through on capital return plans
• Intention to cancel the repurchased shares, which reduces the issued share base
• Transparent disclosure with trade breakdown linked and broker identified

Negative

• None.

Insights

Financial Analyst

TL;DR: Small-scale buyback executed at 531.20p; reduces shares outstanding slightly and signals continued return of capital.

The repurchase of 70,161 shares at 531.20 GBp is a routine execution under the announced buyback programme. The intended cancellation of these shares will modestly reduce the issued share base and marginally increase residual shareholders' percentage ownership. Given the scale reported relative to total shares outstanding, the transaction is unlikely to materially impact per-share metrics.

Corporate Governance Expert

TL;DR: Transaction follows authorized instructions and disclosure requirements; cancellation aligns with capital management policy.

The repurchase was conducted by an appointed broker (BofA) under previously disclosed instructions and includes post-trade disclosure consistent with Market Abuse Regulation requirements. The Company’s stated intention to cancel the repurchased shares is a clear capital management action. No governance or process concerns are apparent from the disclosure provided.

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

15 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
15-Sep-25	70,161	534.40	531.20	532.56	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 231,069,404 Ordinary Shares in treasury and have 8,054,863,154 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 detail

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/4109Z_1-2025-9-15.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:	15 September 2025			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What shares did NatWest (RBSPF) buy in this filing?

NatWest purchased 70,161 ordinary shares with a nominal value of £1.076923076923077 each.

At what price were the shares bought?

The lowest price paid reported for the purchase was 531.20 GBp per share on the LSE.

Will NatWest cancel the repurchased shares?

Yes. The Company stated it intends to cancel the repurchased ordinary shares.

How many shares will NatWest hold in treasury after settlement?

Following settlement, NatWest will hold 231,069,404 ordinary shares in treasury.

What will be the number of ordinary shares in issue excluding treasury?

After settlement, NatWest will have 8,054,863,154 ordinary shares in issue excluding treasury shares.