NatWest Continues Share Buyback With January Purchase for Cancellation

NatWest Group ( (GB:NWG) ) has provided an update.

NatWest Group has repurchased 830,691 of its own ordinary shares on 21 January 2026 from Merrill Lynch International as part of its ongoing share buyback programme, paying a volume-weighted average price of 647.34 pence per share on the London Stock Exchange. The bank intends to cancel the repurchased shares, which will leave it holding 219,247,163 shares in treasury and 7,994,617,192 shares in issue, a move that supports capital return to shareholders and marginally enhances earnings per share by reducing the stock’s free float.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £730.00 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 group, providing retail, commercial and institutional banking services primarily in the UK and Ireland. The group focuses on lending, deposit-taking, payments, and related financial products for individuals, small and medium-sized enterprises, and larger corporate and institutional clients.

Average Trading Volume: 21,120,184

Technical Sentiment Signal: Buy

Current Market Cap: £51.59B

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