Bank of America Increases Stake in AIB Group

AIB Group (AIBRF) has released an update.

Bank of America Corporation has adjusted its holdings in AIB Group PLC, crossing the notification threshold with a new total of 4.421% in combined voting rights and financial instruments. The change, reported on October 1, 2024, reflects an increase in financial instruments held, now totaling 4.175%, while direct voting rights stand at 0.245%. The notification indicates a strategic move by the banking giant, potentially signaling confidence in AIB Group’s financial future.

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