NatWest Buys Back 765,496 Shares for Cancellation Under Ongoing Programme

NatWest Group ( (GB:NWG) ) has shared an announcement.

NatWest Group plc has repurchased 765,496 of its own ordinary shares on 4 February 2026 as part of its ongoing share buyback programme, executed via Merrill Lynch International on the London Stock Exchange at a volume-weighted average price of 697.74 pence per share. The bank intends to cancel the repurchased shares, which will reduce the overall number of shares in circulation to 7,987,372,130 (excluding 218,514,632 shares held in treasury), a move that can enhance earnings per share and signal continued confidence in its capital position and long-term value for shareholders.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £770.00 price target. To see the full list of analyst forecasts on NatWest Group stock, see the GB:NWG Stock Forecast page.

Spark’s Take on GB:NWG Stock

According to Spark, TipRanks’ AI Analyst, GB:NWG is a Outperform.

NatWest Group’s overall stock score is driven by strong technical indicators and attractive valuation metrics. The company’s robust earnings call and positive corporate events further bolster its position. However, cash flow volatility remains a concern that slightly tempers the overall score.

To see Spark’s full report on GB:NWG stock, click here.

More about NatWest Group

NatWest Group plc is a major UK-based banking and financial services institution, providing retail, commercial and corporate banking solutions primarily in the UK and Ireland. The group offers a broad range of products including current and savings accounts, loans, mortgages, and financial markets services, serving individuals, small businesses and large corporates across its core domestic markets.

Average Trading Volume: 18,351,709

Technical Sentiment Signal: Buy

Current Market Cap: £54.57B

See more data about NWG stock on TipRanks’ Stock Analysis page.