Tuesday September 22, 2020

State will recoup all of AIB bail-out cash - Donohoe

Share price rises by 7 per cent amid reported strong demand

Ian Guider

Markets Editor

23rd June, 2017
Minister for Finance Paschal Donohoe talking to the media after the start of trading in AIB shares. Pic: RollingNews.ie

The state offloaded 25 per cent to Irish and international investors in one of the biggest initial public offerings of any company's stock in years. The so-called over-allotment was also excised, bringing to 28.75 per cent the amount of AIB sold.

Shares in the bank climbed by as much as 7 per cent this morning in Dublin trading. The shares were priced at €4.40, the mid-point of the indicative range of €3.90 to €4.90 announced by the...

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