NatWest Group plc filed a Form 6-K on 3 November 2026 disclosing the completion of its share buyback programme announced on 16 February 2026, including purchases of ordinary shares on 2 and 3 November 2026 through UBS AG, London Branch.

Key Highlights

  • Programme completed: The share buyback programme announced on 16 February 2026 has now concluded, according to the filing.
  • Total shares repurchased: Since commencement, the company repurchased 121,932,783 ordinary shares under this programme.
  • Total consideration: The programme's aggregate cost was £749,999,998.96, at a volume weighted average price of 615.09 pence per ordinary share.
  • Two-day transaction: On 2 November 2026, 6,878,870 shares were purchased across LSE, CHIX, and BATE; on 3 November 2026, 4,237,185 shares were purchased across the same three venues.
  • Shares in issue: Following settlement, NatWest will have 7,900,091,837 ordinary shares in issue (excluding treasury shares) and hold 177,875,932 shares in treasury.
  • Total voting rights: The total number of voting rights in the company will be 31,602,299,908.
  • Cancellation intended: The company disclosed that it intends to cancel the repurchased ordinary shares.

NatWest Group Closes Out £750 Million Share Buyback via UBS

NatWest Group plc, whose ordinary shares are traded on the London Stock Exchange and which files with the SEC under Commission File Number 001-10306, disclosed in a Form 6-K that its share buyback programme has concluded. The purchases were carried out by UBS AG, London Branch on the company's behalf pursuant to instructions issued on 16 February 2026, as the filing notes.

On 2 November 2026, the company purchased shares across three venues: 2,738,872 shares on the LSE, 1,049,394 shares on CHIX, and 3,090,604 shares on BATE. The highest price paid on that date was 595.60 GBp and the lowest was 575.60 GBp, depending on venue. On 3 November 2026, further purchases comprised 2,864,193 shares on the LSE, 964,882 shares on CHIX, and 408,110 shares on BATE, with the highest price paid at 592.00 GBp and the lowest at 579.40 GBp across venues, according to the filing.

The filing states that over the full life of the programme, 121,932,783 ordinary shares were repurchased at a volume weighted average price of 615.09 pence per ordinary share for a total consideration of £749,999,998.96. The company disclosed that the repurchased shares are intended to be cancelled. The filing further noted that the total voting rights figure of 31,602,299,908 "may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules."

What Was Disclosed

NatWest Group plc reported the completion of its February 2026 share buyback programme, disclosing two days of purchases totaling over 11 million shares across LSE, CHIX, and BATE, with aggregate programme spending of £749,999,998.96 covering 121,932,783 ordinary shares.