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State agrees to AIB's €1.2bn share buyback proposal

Summary by RTÉ
The State has agreed in principle to AIB's €1.2bn share buyback proposal.

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The JournalThe Journal
Lean Left

Government approves AIB's €1.2bn share buyback plan

Minister for Finance Paschal Donohoe said it is expected that the buyback will be completed shortly after AIB’s annual general meeting on 1 May.

·Ireland
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RTÉRTÉ
Center

State agrees to AIB's €1.2bn share buyback proposal

The State has agreed in principle to AIB's €1.2bn share buyback proposal.

·Ireland
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Business PlusBusiness Plus

Donohoe agrees to AIB's €1.2bn share buyback plan - Business Plus

Minister for Finance Paschal Donohoe has agreed to sell €1.2bn worth of shares in AIB back to the bank. The off-market transaction will be completed shortly after AIB's AGM on 1 May, subject to shareholder approval and market conditions. The State currently has a shareholding in AIB of just under 12%. If the transaction is completed, it will reduce the taxpayer's stake in the back by a further eight percentage points to around 3%. “As part of AI…

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  • 50% of the sources lean Left, 50% of the sources are Center
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RTÉ broke the news in Ireland on Monday, March 31, 2025.
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