The latest update is out from Bank Of Ireland Group plc ( (DE:BIRG) ).
Bank of Ireland Group plc has initiated a share buyback program to repurchase up to €590 million worth of its ordinary shares, aiming to reduce its issued share capital. The program, conducted by J&E Davy Unlimited Company and UBS AG London Branch, will run from February 25, 2025, to December 31, 2025, with shares being repurchased on Euronext Dublin and subsequently cancelled. This strategic move is designed to optimize the Group’s capital structure and could potentially enhance shareholder value, though it remains subject to regulatory approvals and shareholder renewals.
More about Bank Of Ireland Group plc
Bank of Ireland Group plc operates in the financial services industry, offering a range of banking products and services. It focuses on providing retail and commercial banking services primarily in Ireland and the United Kingdom.
YTD Price Performance: 16.40%
Average Trading Volume: 8,903
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €10.47B
Learn more about BIRG stock on TipRanks’ Stock Analysis page.