NatWest Repurchases and Plans to Cancel Nearly 468,000 Shares Under Buyback

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

NatWest Group has repurchased 467,642 of its ordinary shares on 25 February 2026 across the London Stock Exchange, Cboe Europe’s CHIX and BATE venues, at volume-weighted average prices of around 610–611 pence per share. These transactions are part of the bank’s ongoing share buyback programme conducted through UBS AG’s London branch.

The company plans to cancel the repurchased shares, a move that will reduce its share count and can enhance earnings per share over time for remaining investors. Following settlement, NatWest will hold 217,878,410 shares in treasury and have 7,976,936,122 ordinary shares in issue excluding treasury, underscoring the continued execution of its capital return strategy.

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 is a major U.K. banking and financial services institution providing retail, commercial and corporate banking, along with wealth management and related financial products. The group focuses on serving households, small and medium-sized enterprises and larger corporates primarily in the U.K. and Ireland, competing with other large domestic and international banks.

Average Trading Volume: 22,554,194

Technical Sentiment Signal: Buy

Current Market Cap: £48.15B

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