Bank of Ireland Announces Securities Repurchase
Company Announcements

Bank of Ireland Announces Securities Repurchase

Bank Of Ireland Group plc (DE:BIRG) has released an update.

Bank of Ireland Group plc is offering to repurchase up to €600 million of its €675 million perpetual contingent capital securities, with the goal of actively managing its capital while issuing new securities. The tender offer, which is conditional upon the successful issuance of new securities, will pay a purchase price of 102.25% of the principal amount plus accrued interest. Investors interested in this liquidity opportunity must submit their tender instructions by the 9th of September 2024 deadline.

For further insights into DE:BIRG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBank of Ireland Conducts Major Share Buy-Back
TipRanks UK Auto-Generated NewsdeskBank of Ireland Advances Buy-Back Program
TipRanks UK Auto-Generated NewsdeskBlackRock Lowers Stake in Bank of Ireland Group
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App