Bank Of Ireland Group plc (DE:BIRG) has released an update.
Bank of Ireland Group plc has announced the repurchase and subsequent cancellation of 410,000 of its ordinary shares on Euronext Dublin, at prices ranging from €9.8960 to €10.0200 per share. These transactions are part of a larger share buy-back program worth up to €520 million, which was previously unveiled on 27 February 2024. The move is part of the company’s strategy to reduce share capital and potentially increase shareholder value.
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