On May 31, 2024, NatWest Group plc announced an off-market purchase of 392.4 million ordinary shares from HM Treasury at 316.2 pence each, totaling £1.24 billion, equating to 4.5% of its issued share capital, with settlement expected on June 4, 2024. This buyback is part of NatWest's goal to reduce HM Treasury's stake and enhance capital management.