Bank Of Ireland Group plc (DE:BIRG) has released an update.
Bank of Ireland Group plc has made a significant move in the stock market by purchasing 207,490 of its own shares on Euronext Dublin, with prices ranging from €9.6420 to €10.0600 per share. This share buyback, executed through UBS AG London Branch, is part of a larger €520 million buy-back program announced earlier in the year. The acquired shares are set to be cancelled as part of the bank’s strategy to manage its capital effectively.
For further insights into DE:BIRG stock, check out TipRanks’ Stock Analysis page.