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AIB Group ( (AIBRF) ) just unveiled an announcement.
AIB Group plc has announced its intention to redeem its €625 million Fixed Rate Reset Additional Tier 1 Perpetual Contingent Temporary Write Down Securities. The redemption is planned for the first day of the Initial Call Period, starting June 23, 2025, and the company has already obtained the necessary supervisory permission from the European Central Bank. This move reflects AIB Group’s strategic financial management and could impact its capital structure and investor relations.
More about AIB Group
AIB Group plc is a financial services group operating primarily in the banking industry. It offers a range of products and services, including personal and business banking, mortgages, and loans, with a focus on the European market.
YTD Price Performance: 24.38%
Average Trading Volume: 10,216
Technical Sentiment Signal: Sell
Current Market Cap: $15.27B
Learn more about AIBRF stock on TipRanks’ Stock Analysis page.