a4927x

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 001-10306

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒

Form 40-F ☐

The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:

Transaction in Own Shares

NatWest Group plc (the 'Company') announces that, over the past week, it has purchased the following number of ordinary shares in the Company with a nominal value of £1.0769* each ('Ordinary Shares') from UBS AG, London Branch ('UBS').

Aggregated information:

Date of purchase	Number of Ordinary Shares purchased	Highest price paid: (GBp)	Lowest price paid: (GBp)	Volume weighted average price paid per share (GBp)	Venue
28 September 2026	18,668	690.0000	687.60	688.2122	LSE
28 September 2026	2,977	688.0000	688.00	688.0000	CHIX
28 September 2026	2,629	687.6000	687.60	687.6000	BATE
29 September 2026	460,126	692.0000	687.60	689.1032	LSE
29 September 2026	164,672	692.0000	687.60	689.0779	CHIX
29 September 2026	70,351	692.0000	687.60	689.1325	BATE
30 September 2026	560,208	692.0000	683.60	686.6051	LSE
30 September 2026	181,912	690.0000	683.80	686.4861	CHIX
30 September 2026	83,752	689.8000	684.00	686.6375	BATE
01 October 2026	2,676,514	680.0000	645.00	662.7065	LSE
01 October 2026	654,890	680.0000	645.00	661.4993	CHIX
01 October 2026	2,363,977	680.4000	645.00	655.6581	BATE
02 October 2026	1,135,013	658.8000	643.80	649.7820	LSE
02 October 2026	288,225	658.0000	643.80	650.3383	CHIX
02 October 2026	173,722	657.4000	643.80	649.8223	BATE

* Note: the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share

Such purchases form part of the Company’s existing share buyback programme and were effected pursuant to the instructions issued by the Company to UBS on 16 February 2026, as announced on 16 February 2026.

The Company intends to cancel the repurchased Ordinary Shares.

Following the settlement of the above transactions, NWG will hold 178,229,251 Ordinary Shares in treasury and have 7,932,902,747 Ordinary Shares in issue (excluding treasury shares). The total number of voting rights in the Company will be 31,733,543,548. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Further information:

+ 44 (0)207 672 1758

Legal Entity Identifier: 2138005O9XJIJN4JPN90

Transaction details:

In accordance with Article 5(1)(b) of Regulation (EU) No.596/2014 as it applies in the UK (Market Abuse Regulation), a full breakdown of the individual trades made by UBS on behalf of the Company as part of the buyback programme relating to the Transactions is detailed in the attached: http://www.rns-pdf.londonstockexchange.com/rns/4922X_1-2026-10-2.pdf

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		NatWest Group plc (Registrant)


Date:	02 October 2026		By:	/s/ Mark Stevens

			Name:	Mark Stevens
			Title:	Assistant Secretary