NatWest Repurchases and Cancels Over 800,000 Shares Under Ongoing Buyback

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

NatWest Group has repurchased 811,927 of its ordinary shares on 26 January 2026 as part of its ongoing share buyback programme, with the trades executed by Merrill Lynch International on the London Stock Exchange at a volume-weighted average price of 651.31 pence per share. The bank intends to cancel the repurchased shares, which will reduce the number of shares in circulation to 7,992,420,184 (excluding 218,999,312 shares held in treasury), a move that typically supports capital management objectives and may enhance earnings per share for remaining shareholders.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £731.00 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 a range of retail, commercial and corporate banking services, with its shares listed on the London Stock Exchange and widely held by institutional and retail investors.

Average Trading Volume: 20,047,819

Technical Sentiment Signal: Buy

Current Market Cap: £51.64B

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