FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For October 06, 2023

Commission File Number: 001-10306

NatWest Group plc

Gogarburn, PO Box 1000

Edinburgh EH12 1HQ

(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 X Form 40-F ___

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ___ No X

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

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: 

NatWest Group plc

6 October 2023

Transaction in Own Shares

NatWest Group plc (the 'Company' or 'NWG') announces today that 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
06 October 2023	735,771	225.90	221.40	223.6551	LSE
06 October 2023	126,881	225.80	222.00	224.0012	CHIX
06 October 2023	358,122	225.80	221.50	223.7801	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 31 July 2023, as announced on 31 July 2023.

The Company intends to cancel the repurchased Ordinary Shares.

Following the settlement of the above transactions, NWG will hold 204,959,363 Ordinary Shares in treasury and have 8,871,082,381 Ordinary Shares in issue (excluding treasury shares).

Further information:

Investor Relations

+ 44 (0)207 672 1758

Media Relations

+44 (0)131 523 4205

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 is detailed below:

Transaction Date	Time	Time Zone	Volume (shares)	Price (GBp)	Trading Venue	MatchID
06 October 2023	08:02:45	BST	276	223.90	BATE	609854
06 October 2023	08:02:45	BST	6408	223.90	BATE	609852
06 October 2023	08:02:45	BST	1549	223.90	BATE	609850
06 October 2023	08:02:45	BST	105	223.90	BATE	609832
06 October 2023	08:11:08	BST	8124	224.80	BATE	618768
06 October 2023	08:11:08	BST	55	224.80	BATE	618766
06 October 2023	08:15:50	BST	2637	225.30	BATE	623184
06 October 2023	08:15:50	BST	5989	225.30	BATE	623182
06 October 2023	08:15:50	BST	680	225.30	BATE	623180
06 October 2023	08:23:48	BST	9553	225.80	BATE	630535
06 October 2023	08:35:10	BST	9312	225.50	BATE	642585
06 October 2023	08:47:19	BST	9367	225.20	BATE	655280
06 October 2023	09:02:10	BST	3764	225.10	BATE	672777
06 October 2023	09:02:10	BST	5799	225.10	BATE	672775
06 October 2023	09:23:52	BST	8515	224.60	BATE	694683
06 October 2023	09:46:10	BST	8308	224.40	BATE	716060
06 October 2023	10:03:36	BST	9045	224.30	BATE	731298
06 October 2023	10:26:41	BST	2816	224.90	BATE	747807
06 October 2023	10:26:41	BST	6231	224.90	BATE	747805
06 October 2023	10:48:41	BST	9186	224.70	BATE	764272
06 October 2023	11:18:10	BST	8483	225.40	BATE	782073
06 October 2023	11:42:02	BST	9279	225.10	BATE	794381
06 October 2023	12:06:57	BST	682	224.70	BATE	807018
06 October 2023	12:06:57	BST	8813	224.70	BATE	807016
06 October 2023	12:40:29	BST	4845	225.00	BATE	825757
06 October 2023	12:40:29	BST	3118	225.00	BATE	825755
06 October 2023	13:00:09	BST	8617	225.10	BATE	837860
06 October 2023	13:30:01	BST	7982	225.00	BATE	856363
06 October 2023	13:38:54	BST	3564	224.40	BATE	870130
06 October 2023	13:38:54	BST	5213	224.40	BATE	870128
06 October 2023	13:56:30	BST	9424	223.70	BATE	887697
06 October 2023	13:56:30	BST	7008	223.70	BATE	887695
06 October 2023	14:18:40	BST	8714	223.60	BATE	906464
06 October 2023	14:18:40	BST	73	223.60	BATE	906462
06 October 2023	14:30:09	BST	5938	223.60	BATE	920302
06 October 2023	14:30:09	BST	212	223.60	BATE	920304
06 October 2023	14:31:28	BST	3874	223.70	BATE	923266
06 October 2023	14:31:28	BST	5334	223.70	BATE	923264
06 October 2023	14:40:08	BST	278	223.90	BATE	936530
06 October 2023	14:40:08	BST	9044	223.90	BATE	936532
06 October 2023	14:49:22	BST	2553	223.00	BATE	950915
06 October 2023	14:49:22	BST	6754	223.00	BATE	950913
06 October 2023	14:56:03	BST	5953	222.30	BATE	963958
06 October 2023	15:01:32	BST	844	222.90	BATE	973878
06 October 2023	15:01:32	BST	7252	222.90	BATE	973874
06 October 2023	15:08:51	BST	138	222.00	BATE	985772
06 October 2023	15:08:51	BST	6649	222.00	BATE	985774
06 October 2023	15:11:31	BST	8162	222.00	BATE	989997
06 October 2023	15:11:31	BST	8751	222.00	BATE	990001
06 October 2023	15:16:18	BST	6423	222.00	BATE	995749
06 October 2023	15:16:18	BST	2644	222.00	BATE	995751
06 October 2023	15:21:05	BST	2110	221.50	BATE	1001919
06 October 2023	15:21:05	BST	6500	221.50	BATE	1001917
06 October 2023	15:23:03	BST	6500	221.50	BATE	1004556
06 October 2023	15:23:03	BST	2544	221.50	BATE	1004558
06 October 2023	15:23:03	BST	6114	221.50	BATE	1004560
06 October 2023	15:28:12	BST	2326	222.10	BATE	1011580
06 October 2023	15:28:12	BST	6463	222.10	BATE	1011578
06 October 2023	15:36:41	BST	2585	222.30	BATE	1022839
06 October 2023	15:36:41	BST	6173	222.30	BATE	1022835
06 October 2023	15:48:37	BST	2246	223.00	BATE	1039108
06 October 2023	15:48:37	BST	6896	223.00	BATE	1039106
06 October 2023	15:56:01	BST	3945	222.70	BATE	1048467
06 October 2023	16:01:01	BST	7861	223.00	BATE	1057106
06 October 2023	16:01:02	BST	4043	222.90	BATE	1057139
06 October 2023	16:11:42	BST	934	223.40	BATE	1072114
06 October 2023	16:11:42	BST	815	223.40	BATE	1072112
06 October 2023	16:11:42	BST	6500	223.40	BATE	1072110
06 October 2023	16:18:09	BST	6322	223.80	BATE	1083089
06 October 2023	16:18:09	BST	2908	223.80	BATE	1083087
06 October 2023	08:05:28	BST	3121	224.20	CHIX	613012
06 October 2023	08:05:28	BST	4970	224.20	CHIX	613010
06 October 2023	08:25:46	BST	8788	225.80	CHIX	632666
06 October 2023	08:51:42	BST	3713	225.60	CHIX	660356
06 October 2023	08:51:42	BST	3604	225.60	CHIX	660354
06 October 2023	08:51:42	BST	1868	225.60	CHIX	660352
06 October 2023	09:21:35	BST	4705	224.80	CHIX	692586
06 October 2023	09:21:35	BST	2906	224.80	CHIX	692584
06 October 2023	10:03:36	BST	1838	224.30	CHIX	731300
06 October 2023	10:03:36	BST	7178	224.30	CHIX	731296
06 October 2023	11:04:47	BST	8374	225.30	CHIX	774913
06 October 2023	12:06:57	BST	3073	224.70	CHIX	807012
06 October 2023	12:06:57	BST	4528	224.70	CHIX	807010
06 October 2023	13:00:09	BST	9344	225.10	CHIX	837858
06 October 2023	13:56:30	BST	8755	223.70	CHIX	887693
06 October 2023	14:34:29	BST	8655	223.80	CHIX	928086
06 October 2023	15:01:32	BST	8756	222.90	CHIX	973876
06 October 2023	15:14:10	BST	7807	222.00	CHIX	993483
06 October 2023	15:28:12	BST	490	222.10	CHIX	1011588
06 October 2023	15:28:12	BST	3869	222.10	CHIX	1011584
06 October 2023	15:28:12	BST	4318	222.10	CHIX	1011582
06 October 2023	15:31:57	BST	8244	222.40	CHIX	1016463
06 October 2023	16:01:01	BST	7977	223.00	CHIX	1057108
06 October 2023	08:02:45	BST	5941	223.90	LSE	609856
06 October 2023	08:05:28	BST	4783	224.20	LSE	613016
06 October 2023	08:05:28	BST	1803	224.20	LSE	613014
06 October 2023	08:20:29	BST	5506	225.90	LSE	627364
06 October 2023	08:35:10	BST	6052	225.50	LSE	642587
06 October 2023	08:49:17	BST	4936	225.30	LSE	657583
06 October 2023	08:49:17	BST	375	225.30	LSE	657581
06 October 2023	08:49:17	BST	554	225.30	LSE	657579
06 October 2023	08:59:36	BST	27	225.30	LSE	669993
06 October 2023	08:59:36	BST	6074	225.30	LSE	669991
06 October 2023	09:21:35	BST	6533	224.80	LSE	692588
06 October 2023	09:33:14	BST	6405	224.30	LSE	703290
06 October 2023	09:33:51	BST	5771	224.20	LSE	703959
06 October 2023	09:53:51	BST	2100	224.20	LSE	723407
06 October 2023	09:53:51	BST	2100	224.20	LSE	723405
06 October 2023	10:01:22	BST	6808	224.40	LSE	729774
06 October 2023	10:01:22	BST	5993	224.40	LSE	729772
06 October 2023	10:17:54	BST	6219	224.60	LSE	741607
06 October 2023	10:35:31	BST	3913	225.00	LSE	754656
06 October 2023	10:35:31	BST	7	225.00	LSE	754653
06 October 2023	10:36:01	BST	1137	225.00	LSE	754988
06 October 2023	10:36:01	BST	1157	225.00	LSE	754990
06 October 2023	10:49:33	BST	6416	224.60	LSE	764849
06 October 2023	10:57:55	BST	5840	224.90	LSE	770865
06 October 2023	11:04:47	BST	6701	225.30	LSE	774915
06 October 2023	11:11:57	BST	6200	225.20	LSE	778648
06 October 2023	11:27:31	BST	4515	225.00	LSE	787263
06 October 2023	11:27:31	BST	2264	225.00	LSE	787261
06 October 2023	11:32:13	BST	5746	225.00	LSE	789699
06 October 2023	11:33:59	BST	480	225.00	LSE	790534
06 October 2023	11:38:15	BST	5816	225.10	LSE	792705
06 October 2023	11:45:26	BST	5540	225.00	LSE	796269
06 October 2023	11:51:25	BST	6350	224.80	LSE	798921
06 October 2023	12:00:00	BST	6743	224.60	LSE	803167
06 October 2023	12:00:00	BST	6139	224.60	LSE	803159
06 October 2023	12:00:00	BST	371	224.60	LSE	803157
06 October 2023	12:00:00	BST	6701	224.60	LSE	803165
06 October 2023	12:00:00	BST	5580	224.60	LSE	803161
06 October 2023	12:00:00	BST	5578	224.60	LSE	803163
06 October 2023	12:01:37	BST	1997	224.60	LSE	804010
06 October 2023	12:06:57	BST	5808	224.60	LSE	807020
06 October 2023	12:06:57	BST	6767	224.70	LSE	807014
06 October 2023	12:14:39	BST	6662	224.70	LSE	811487
06 October 2023	12:40:29	BST	5550	225.00	LSE	825759
06 October 2023	12:44:19	BST	5801	225.10	LSE	827489
06 October 2023	12:53:55	BST	6055	225.10	LSE	834295
06 October 2023	13:06:52	BST	3646	225.00	LSE	841597
06 October 2023	13:06:55	BST	1866	225.00	LSE	841621
06 October 2023	13:14:05	BST	5218	225.10	LSE	845449
06 October 2023	13:14:05	BST	483	225.10	LSE	845447
06 October 2023	13:30:01	BST	5707	225.00	LSE	856371
06 October 2023	13:30:01	BST	6270	225.00	LSE	856365
06 October 2023	13:30:04	BST	5026	224.60	LSE	856898
06 October 2023	13:30:04	BST	5553	224.60	LSE	856894
06 October 2023	13:30:04	BST	6316	224.60	LSE	856896
06 October 2023	13:30:04	BST	578	224.60	LSE	856900
06 October 2023	13:30:04	BST	6603	224.60	LSE	856902
06 October 2023	13:31:08	BST	5504	224.40	LSE	860218
06 October 2023	13:31:08	BST	6749	224.40	LSE	860216
06 October 2023	13:31:23	BST	5505	224.30	LSE	860568
06 October 2023	13:32:22	BST	5460	224.20	LSE	862024
06 October 2023	13:33:13	BST	1623	223.90	LSE	863195
06 October 2023	13:33:13	BST	1145	223.90	LSE	863197
06 October 2023	13:33:13	BST	3743	223.90	LSE	863193
06 October 2023	13:33:58	BST	2457	223.80	LSE	864421
06 October 2023	13:33:58	BST	3973	223.80	LSE	864419
06 October 2023	13:38:54	BST	6243	224.40	LSE	870132
06 October 2023	13:45:47	BST	6302	225.00	LSE	875171
06 October 2023	13:47:14	BST	846	224.60	LSE	876566
06 October 2023	13:47:14	BST	4779	224.60	LSE	876564
06 October 2023	13:52:48	BST	6512	223.70	LSE	883776
06 October 2023	13:55:22	BST	5709	224.00	LSE	886747
06 October 2023	13:56:56	BST	3162	223.60	LSE	888031
06 October 2023	13:56:56	BST	3160	223.60	LSE	888029
06 October 2023	13:56:56	BST	5843	223.60	LSE	888027
06 October 2023	14:09:00	BST	6311	223.80	LSE	898586
06 October 2023	14:09:00	BST	2740	223.80	LSE	898588
06 October 2023	14:09:00	BST	2744	223.80	LSE	898590
06 October 2023	14:15:34	BST	581	223.50	LSE	903868
06 October 2023	14:15:34	BST	6132	223.50	LSE	903866
06 October 2023	14:16:21	BST	5998	223.50	LSE	904572
06 October 2023	14:16:22	BST	6673	223.50	LSE	904631
06 October 2023	14:25:42	BST	1841	223.90	LSE	913582
06 October 2023	14:25:56	BST	1841	223.90	LSE	913765
06 October 2023	14:28:02	BST	5940	223.80	LSE	915629
06 October 2023	14:28:02	BST	575	223.80	LSE	915627
06 October 2023	14:28:02	BST	2171	223.90	LSE	915624
06 October 2023	14:28:34	BST	1451	223.70	LSE	916072
06 October 2023	14:28:34	BST	1575	223.70	LSE	916070
06 October 2023	14:28:34	BST	1727	223.70	LSE	916068
06 October 2023	14:28:34	BST	5644	223.70	LSE	916066
06 October 2023	14:31:28	BST	1240	223.70	LSE	923274
06 October 2023	14:31:28	BST	1912	223.70	LSE	923272
06 October 2023	14:31:28	BST	2678	223.70	LSE	923270
06 October 2023	14:31:28	BST	6489	223.70	LSE	923268
06 October 2023	14:34:29	BST	6781	223.80	LSE	928088
06 October 2023	14:40:08	BST	6318	223.90	LSE	936536
06 October 2023	14:40:08	BST	6327	223.90	LSE	936534
06 October 2023	14:43:22	BST	6003	223.50	LSE	941081
06 October 2023	14:44:10	BST	6095	223.30	LSE	942183
06 October 2023	14:45:24	BST	3519	223.20	LSE	943926
06 October 2023	14:45:24	BST	2217	223.20	LSE	943924
06 October 2023	14:48:10	BST	700	223.30	LSE	948683
06 October 2023	14:48:10	BST	4911	223.30	LSE	948685
06 October 2023	14:50:39	BST	1153	222.70	LSE	953784
06 October 2023	14:50:39	BST	972	222.70	LSE	953781
06 October 2023	14:50:39	BST	1972	222.70	LSE	953779
06 October 2023	14:50:39	BST	1727	222.70	LSE	953777
06 October 2023	14:50:39	BST	5591	222.70	LSE	953767
06 October 2023	14:52:12	BST	6143	222.60	LSE	957309
06 October 2023	14:52:16	BST	657	222.50	LSE	957470
06 October 2023	14:52:17	BST	5374	222.50	LSE	957485
06 October 2023	14:52:46	BST	4407	222.40	LSE	958265
06 October 2023	14:52:46	BST	2385	222.40	LSE	958263
06 October 2023	14:56:21	BST	5506	222.10	LSE	964648
06 October 2023	14:57:00	BST	1929	222.10	LSE	965665
06 October 2023	14:57:00	BST	1972	222.10	LSE	965663
06 October 2023	14:57:00	BST	1727	222.10	LSE	965661
06 October 2023	15:01:32	BST	2160	222.90	LSE	973886
06 October 2023	15:01:32	BST	1675	222.90	LSE	973884
06 October 2023	15:01:32	BST	759	222.90	LSE	973890
06 October 2023	15:01:32	BST	1972	222.90	LSE	973888
06 October 2023	15:01:32	BST	5558	222.90	LSE	973882
06 October 2023	15:01:32	BST	5451	222.90	LSE	973880
06 October 2023	15:03:09	BST	1419	222.50	LSE	976572
06 October 2023	15:03:09	BST	1972	222.50	LSE	976570
06 October 2023	15:03:09	BST	2160	222.50	LSE	976567
06 October 2023	15:05:12	BST	6769	222.50	LSE	979801
06 October 2023	15:06:16	BST	6239	222.60	LSE	981131
06 October 2023	15:09:47	BST	4545	222.10	LSE	987115
06 October 2023	15:09:47	BST	2135	222.10	LSE	987113
06 October 2023	15:10:13	BST	4024	221.90	LSE	987876
06 October 2023	15:10:13	BST	1665	221.90	LSE	987874
06 October 2023	15:10:13	BST	1665	221.90	LSE	987872
06 October 2023	15:10:13	BST	747	221.90	LSE	987870
06 October 2023	15:10:13	BST	2160	221.90	LSE	987868
06 October 2023	15:10:13	BST	1972	221.90	LSE	987866
06 October 2023	15:11:31	BST	4834	222.00	LSE	989999
06 October 2023	15:11:31	BST	804	222.00	LSE	990003
06 October 2023	15:13:29	BST	5192	222.00	LSE	992501
06 October 2023	15:13:31	BST	1015	222.00	LSE	992591
06 October 2023	15:14:10	BST	5774	222.00	LSE	993487
06 October 2023	15:14:10	BST	5910	222.00	LSE	993485
06 October 2023	15:16:18	BST	293	222.00	LSE	995753
06 October 2023	15:16:18	BST	6207	222.00	LSE	995755
06 October 2023	15:16:18	BST	5589	222.00	LSE	995757
06 October 2023	15:19:28	BST	1579	221.70	LSE	999402
06 October 2023	15:19:28	BST	2160	221.70	LSE	999400
06 October 2023	15:19:28	BST	1972	221.70	LSE	999398
06 October 2023	15:20:43	BST	1470	221.50	LSE	1001223
06 October 2023	15:21:45	BST	1366	221.40	LSE	1002700
06 October 2023	15:21:45	BST	2160	221.40	LSE	1002698
06 October 2023	15:21:45	BST	1972	221.40	LSE	1002696
06 October 2023	15:21:45	BST	3222	221.40	LSE	1002689
06 October 2023	15:21:45	BST	2882	221.40	LSE	1002687
06 October 2023	15:21:45	BST	3278	221.40	LSE	1002691
06 October 2023	15:21:45	BST	3116	221.40	LSE	1002693
06 October 2023	15:28:12	BST	5818	222.10	LSE	1011586
06 October 2023	15:31:57	BST	6645	222.40	LSE	1016469
06 October 2023	15:31:57	BST	5695	222.40	LSE	1016467
06 October 2023	15:31:57	BST	6737	222.40	LSE	1016465
06 October 2023	15:36:41	BST	6733	222.30	LSE	1022837
06 October 2023	15:42:16	BST	2208	223.10	LSE	1030947
06 October 2023	15:42:16	BST	3344	223.10	LSE	1030949
06 October 2023	15:42:51	BST	6037	223.00	LSE	1031664
06 October 2023	15:42:54	BST	6038	222.90	LSE	1031729
06 October 2023	15:49:18	BST	3276	222.90	LSE	1040312
06 October 2023	15:49:18	BST	2203	222.90	LSE	1040310
06 October 2023	15:51:48	BST	1056	222.70	LSE	1043519
06 October 2023	15:51:48	BST	4558	222.70	LSE	1043517
06 October 2023	15:53:41	BST	4822	222.50	LSE	1045629
06 October 2023	15:53:41	BST	1783	222.50	LSE	1045624
06 October 2023	15:53:41	BST	5871	222.50	LSE	1045580
06 October 2023	16:01:01	BST	6741	223.00	LSE	1057114
06 October 2023	16:01:01	BST	5471	223.00	LSE	1057112
06 October 2023	16:01:01	BST	4004	223.00	LSE	1057110
06 October 2023	16:01:02	BST	2830	222.90	LSE	1057141
06 October 2023	16:09:30	BST	3800	223.30	LSE	1068632
06 October 2023	16:09:46	BST	158	223.30	LSE	1068991
06 October 2023	16:09:46	BST	2701	223.30	LSE	1068989
06 October 2023	16:09:46	BST	3599	223.30	LSE	1068987
06 October 2023	16:11:42	BST	5779	223.40	LSE	1072118
06 October 2023	16:11:42	BST	6356	223.40	LSE	1072116
06 October 2023	16:12:24	BST	6512	223.20	LSE	1073315
06 October 2023	16:14:08	BST	6614	223.50	LSE	1076628
06 October 2023	16:18:09	BST	2226	223.80	LSE	1083097
06 October 2023	16:18:09	BST	2400	223.80	LSE	1083091
06 October 2023	16:18:09	BST	1353	223.80	LSE	1083095
06 October 2023	16:18:09	BST	117	223.80	LSE	1083093

Date: 06 October 2023

NATWEST GROUP plc (Registrant)

By: /s/ Jan Cargill

Name: Jan Cargill

Title: Chief Governance Officer and Company Secretary