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

@ianguider
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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