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AIB Group ( (AIBRF) ) has provided an update.
AIB Group plc has continued execution of its €1.0 billion share buyback programme, repurchasing 497,937 ordinary shares on 11 March on Euronext Dublin via Goodbody Stockbrokers at a volume-weighted average price of €9.4754. The shares will be cancelled, reducing the total number of ordinary shares in issue to 2,133,922,677 and leaving no shares held in treasury, a move that tightens the bank’s equity base and can enhance earnings per share and capital returns for investors.
The transaction underscores AIB’s ongoing capital management strategy, signalling confidence in its balance sheet strength and long-term prospects while returning surplus capital to shareholders. By shrinking its free-float share count through market purchases, the bank aligns with wider European banking sector trends of using buybacks as a tool to optimise capital structure and improve shareholder value metrics.
More about AIB Group
AIB Group plc is a major Irish banking group providing retail, corporate and investment banking services, with a focus on the Irish market and listings on Euronext Dublin. The group offers lending, deposit, and other financial products to individuals, businesses, and institutional clients across its core franchises.
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