NatWest Group Plc Form 6-K Summary
Business Context and Reporting Period
This filing is a Form 6-K Report of Foreign Private Issuer dated July 5, 2024. The document discloses a specific corporate action: a transaction in the company's own shares. It does not contain financial results, earnings reports, or operational updates for a fiscal period.
Key Financial Metrics and Transaction Details
The filing details a share buyback executed on July 5, 2024, pursuant to an existing programme announced on February 19, 2024. The company purchased a total of 1,230,000 Ordinary Shares via UBS AG, London Branch.
| Venue | Shares Purchased | Highest Price (GBp) | Lowest Price (GBp) | Volume Weighted Avg Price (GBp) |
|---|---|---|---|---|
| LSE | 731,000 | 328.30 | 323.80 | 326.1741 |
| CHIX | 115,000 | 327.70 | 324.20 | 326.1876 |
| BATE | 384,000 | 328.10 | 324.10 | 326.1533 |
Post-Transaction Share Capital:
- Treasury Shares Held: 289,834,798
- Ordinary Shares in Issue (excluding treasury): 8,312,016,528
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change is the reduction of shares in issue and the increase in treasury shares following the buyback. The company intends to cancel the repurchased shares. No other material changes to the business or financial condition are reported in this document.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It is a regulatory disclosure of a completed market transaction.
Key Facts for Investor Verification
- Verify the total number of shares repurchased (1,230,000) against the company's total buyback programme limit.
- Confirm the updated share count in issue (8,312,016,528) for earnings per share (EPS) calculations.
- Note that the repurchased shares are held in treasury and are intended for cancellation.
- Review the average price paid (~326.17 GBp) relative to the market price at the time of execution.