Explainer: Why AIB and PTSB are moving to pay €2.5m to buy out ‘trapped’ pre-crash shareholders

Both banks are looking to pay their smaller investors a 5 per cent premium to incentivise their exit, we explain why and what it means for small investors

Ahead of their annual general meetings the banks have tabled proposals for an odd-lot offer, where they would buy back shares at a 5 per cent premium to the market rate. Picture: Francis Dean