AIB Group Concludes Odd-lot Offer and Reduces Shareholders
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AIB Group Concludes Odd-lot Offer and Reduces Shareholders

AIB Group (AIBRF) has released an update.

AIB Group plc has successfully completed its Odd-lot Offer, repurchasing 253,765 of its own shares at €5.65 each, which will now be cancelled. This strategic move, aimed at facilitating small shareholders in disposing of their shares without incurring high dealing costs, has reduced the number of certificated shareholders by 60,055. Payments for the repurchased shares are set to be dispatched on October 22, 2024, and following the cancellation, the total voting rights in the company will stand at 2,328,438,575 shares.

For further insights into AIBRF stock, check out TipRanks’ Stock Analysis page.

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