XML 358 R148.htm IDEA: XBRL DOCUMENT v3.25.0.1
Share capital and other equity - Reserves (Details)
£ / shares in Units, shares in Millions
1 Months Ended 12 Months Ended
Aug. 30, 2022
May 31, 2024
shares
Dec. 31, 2024
GBP (£)
£ / shares
shares
Dec. 31, 2023
GBP (£)
£ / shares
shares
Dec. 31, 2022
£ / shares
Shares repurchased during the period | £ [1]     £ 540,000,000 £ 359,000,000  
Par value | £ / shares     £ 1.0769 £ 1.0769  
Ordinary share from discontinued operations basic | £ / shares     0.010 (0.01222) £ (0.027)
Ordinary share from discontinued operations dilutive | £ / shares     0.010 £ (0.012) £ (0.026)
Share consolidation ratio 0.9286        
Ordinary shares          
Par value | £ / shares     £ 1.076923076923077    
Own shares held | Ordinary shares          
Own shares held | shares     277    
Number of shares transferred to treasury | shares   170      
Number of shares used to satisfy the exercise of options and vesting of awards | shares     80    
Own shares held | Ordinary shares | Employee share trust          
Own shares held | shares     11 12  
Shares repurchased during the period | £       £ 0  
Par value | £ / shares     £ 1.0769    
Number of shares used to satisfy the exercise of options and vesting of awards | shares       1  
[1] In June 2024, there was an agreement to buy 392.4 million (May 2023 – 469.2 million, March 2022 – 549.9 million) ordinary shares of the Company from UK Government Investments Ltd (UKGI) at 316.2 pence per share (May 2023 – 268.4 pence per share, March 2022 – 220.05 pence per share) for the total consideration of £1.2 billion (2023 - £1.3 billion, 2022 - £1.2 billion). NatWest Group cancelled 222.4 million of the purchased ordinary shares, amounting to £706.9 million excluding fees and held the remaining 170.0 million shares as Own Shares Held, amounting to £540.2 million excluding fees. The nominal value of the share cancellation has been transferred to the capital redemption reserve.