NatWest Steps Up Share Buyback With Latest Treasury Purchases

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

NatWest Group has continued its ongoing share buyback programme, purchasing several tranches of ordinary shares from UBS over 16 and 17 April 2026 across the London Stock Exchange and multilateral trading facilities. The move is part of its previously announced capital management strategy and reflects efforts to optimise its balance sheet and return surplus capital to shareholders.

The bank intends to cancel the repurchased shares, which will reduce the overall number of ordinary shares in issue and may enhance earnings per share for investors over time. Following these transactions, NatWest will hold 194,486,438 ordinary shares in treasury and will have 7,980,684,386 ordinary shares in issue, underscoring the scale of the programme and its potential impact on capital structure.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £780.00 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 NWG Stock

According to Spark, TipRanks’ AI Analyst, 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 NWG stock, click here.

More about NatWest Group

NatWest Group is a major U.K.-based banking and financial services group, providing retail, commercial and institutional banking products. The group focuses on serving households, small and medium-sized enterprises and larger corporates, with a significant presence in the domestic U.K. market and listings on the London Stock Exchange.

Average Trading Volume: 17,029,494

Technical Sentiment Signal: Strong Buy

Current Market Cap: £49.63B

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