The Irish Stock Exchange has left Anglo Irish Bank’s Iseq free float weighting unchanged despite the recent acquisition by billionaire investor Sean Quinn and his family of a 15 per cent stake in the bank.
The exchange, headed by Deirdre Somers, classifies a quoted company’s free float based on the number of shares that are considered available for trading and which are not held by strategic or long-term investing.
Figures published by...
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