NatWest Continues Capital Return With Further Share Buybacks

NatWest Group ( (GB:NWG) ) just unveiled an update.

NatWest Group has repurchased 761,489 of its own ordinary shares on 27 February 2026 across the London Stock Exchange, CHI-X and BATS venues, at volume-weighted average prices around 622p per share. The transactions are part of the bank’s ongoing share buyback programme executed through UBS and are designed to return capital to shareholders and improve capital efficiency.

The group plans to cancel the repurchased shares, which will reduce its share count and could enhance earnings per share while leaving 7,975,782,986 ordinary shares in issue excluding treasury. Following these trades, NatWest will hold 217,807,310 ordinary shares in treasury, underscoring its continued use of buybacks as an active capital management tool within the U.K. banking sector.

The most recent analyst rating on (GB:NWG) stock is a Hold with a £660.00 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 Neutral.

The score is driven primarily by solid profitability and upbeat guidance/capital returns, reinforced by attractive valuation. These positives are tempered by weak and volatile cash flow (including the most recent year), and softer near-term technical momentum.

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

More about NatWest Group

NatWest Group plc is a major U.K.-based banking and financial services group, providing retail, commercial and institutional banking services. The group focuses on serving customers in the United Kingdom and Ireland, with a strong presence in personal and business banking, corporate lending and related financial products.

Average Trading Volume: 22,367,956

Technical Sentiment Signal: Buy

Current Market Cap: £48.15B

Learn more about NWG stock on TipRanks’ Stock Analysis page.