NatWest Group plc (LON:NWG) has announced the commencement of its programme to buy back ordinary shares in the Company with a nominal value of £1.0769* each
On 9 February 2026, the Company announced a share buyback programme of up to £750 million. The 2026 Programme will commence on 16 February 2026 and will end no later than 15 January 2027, provided that the term of the 2026 Programme may be extended to end no later than 12 February 2027 to account for any days where usual trading has not been possible because of market events during the term of the 2026 Programme.
The 2026 Programme, the purpose of which is to reduce the Company’s issued share capital, will take place within the limitations of the authority granted by shareholders to the Board of the Company at its Annual General Meeting, held on 23 April 2025.
The maximum number of Ordinary Shares that can be purchased by the Company under the 2026 Programme is 650,000,000**.
The Company has entered into non-discretionary instructions with UBS AG, London Branch to conduct the Programme on its behalf and to make trading decisions under the Programme independently of the Company.
The Company intends to cancel the repurchased Ordinary Shares.
* The nominal value of Ordinary Shares without rounding is £1.076923076923077 per share.
** This number reflects a number lower than the authority taken at the 2025 AGM less the shares purchased or agreed to be purchased by the Company under the previous buyback programme.
