AIB Shares

State completes exit from AIB as bank chief expresses regret over bailout

State completes exit from AIB as bank chief expresses regret over bailout

The Irish State has sold its final shareholding in AIB, completing a 16-year journey that began with the bank’s rescue during the 2008 financial crisis and generating €305.3 million in the process. Finance Minister Paschal Donohoe announced the sale of the State’s remaining 2.06% stake at €6.94 per share through an accelerated bookbuild transaction, marking … Read more

AIB returns €500 million to Irish state through share buyback

AIB returns €500 million to Irish state through share buyback

The Irish government, through the Minister for Finance, Jack Chambers TD, has welcomed the completion of a €500 million share buyback transaction between AIB Group Plc (AIB) and the State. This latest transaction is part of the ongoing efforts to reduce the State’s shareholding in AIB and return taxpayer funds that were used to support … Read more