Irish Government to Sell Remaining Shares in AIB Group

Dow Jones

06-17

By Ian Walker

The Irish government plans to sell its remaining shares in AIB Group via a share placing to institutional investors.

The Minister for Finance, Paschal Donohoe, said late Monday that the Irish State plans to sell 44 million shares in AIB, or 2.06% of its issued share capital, via a bookbuild process.

The shares were worth 308.4 million euros ($356.6 million) based on AIB's closing price of 7.01 Euros on Monday.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

June 17, 2025 01:15 ET (05:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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