NatWest Continues Share Buyback with £848,792-Share Repurchase for Cancellation

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

NatWest Group plc has repurchased 848,792 of its own ordinary shares on 7 January 2026 as part of its ongoing share buyback programme, executed through Merrill Lynch International on the London Stock Exchange at a volume-weighted average price of 638.20 pence per share. The bank intends to cancel the repurchased shares, a move that will slightly reduce the total number of shares in issue to 8.0 billion (excluding 220.3 million held in treasury), supporting capital efficiency and potentially enhancing earnings per share, while signalling continued confidence in its balance sheet and long-term value to shareholders.

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 plc is a major UK banking and financial services group, providing retail and commercial banking, wealth management and related financial products primarily to customers in the UK and Ireland. The group plays a significant role in the UK financial system and its shares are listed on the London Stock Exchange, making capital management actions such as share buybacks closely watched by investors and regulators.

Average Trading Volume: 19,247,483

Technical Sentiment Signal: Buy

Current Market Cap: £53.2B

For an in-depth examination of NWG stock, go to TipRanks’ Overview page.