NatWest Buys Back and Cancels Nearly 796,000 Shares Under Ongoing Programme

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

NatWest Group plc has repurchased 795,988 of its ordinary shares on 2 February 2026 on the London Stock Exchange as part of its existing share buyback programme, at a volume-weighted average price of 673.71 pence per share. The bank intends to cancel the repurchased shares, which will leave it with 218,707,198 ordinary shares held in treasury and 7,988,712,660 ordinary shares in issue, a move that supports capital management and may enhance earnings per share for investors while signalling continued confidence in its financial position.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £752.00 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 UK-based banking and financial services company, providing retail, commercial and institutional banking services primarily in the UK and Ireland, with a focus on lending, deposits, payments and related financial products.

Average Trading Volume: 18,966,784

Technical Sentiment Signal: Buy

Current Market Cap: £53.07B

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