NWG slips as buyback ticks on and Barclays cools ahead of Feb results
London, January 9, 2026, 11:38 GMT — Regular session
NatWest Group Plc (NWG.L) shares eased on Friday, down 0.3% at 642.4 pence, as investors weighed the pace of the bank’s buyback and a recent broker downgrade. The stock opened at 644.6p and has traded between 640.2p and 647.2p. ( London South East)
The drift matters because NatWest’s rally has turned capital returns into the main debate. Buybacks and dividends can lift earnings per share by shrinking the share count, but they hinge on how much surplus capital the bank can generate and keep.
The next big marker is close. NatWest is due to publish its 2025 annual results on Feb. 13, when it has said it will set guidance for 2026 and new targets for 2028. (
