AIB Group (AIBRF) has released an update.
AIB Group PLC has reported a robust financial performance for the first half of 2024, boasting a profit after tax of €1.1 billion and a 25.5% return on tangible equity. The bank is set to enhance shareholder value with a proposed €500m directed share buyback, contributing to a total of €3 billion in payments to the State this year. These results reflect AIB’s strategic focus on customer service, sustainable business practices, and operational efficiency.
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