NatWest Cancels 799,553 Shares in Ongoing Buyback Programme

The latest update is out from NatWest Group ( (GB:NWG) ).

NatWest Group has repurchased 799,553 of its ordinary shares on 8 January 2026 from Merrill Lynch International as part of its ongoing share buyback programme, paying a volume-weighted average price of 640.21 pence per share on the London Stock Exchange. The bank intends to cancel the repurchased shares, which will leave it with 220,084,521 shares held in treasury and 8,001,277,113 ordinary shares in issue excluding treasury, a move that supports capital return to shareholders and may enhance earnings per share while signalling continued confidence in the group’s financial position.

The most recent analyst rating on (GB:NWG) stock is a Hold with a £700.00 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 is a major UK-based banking and financial services institution, offering retail, commercial and corporate banking products primarily in the UK and Ireland. The group focuses on providing a wide range of financial services including current and savings accounts, lending, and wealth management to individuals, businesses and institutions, and its shares are listed on the London Stock Exchange.

Average Trading Volume: 19,350,647

Technical Sentiment Signal: Buy

Current Market Cap: £52.79B

See more insights into NWG stock on TipRanks’ Stock Analysis page.