State's shareholding in AIB falls to 3.3% following latest share buyback

AIB's latest directed share buyback totaling €1.2bn will see the State own just 3.3% of the lender's shares 

Latest agreement with the Minister for Finance follows a €500m directed buyback in September 2024 and a €1bn directed buyback in May 2024. 

AIB has agreed a €1.2bn directed share buyback with finance minister Paschal Donohoe.

Under the terms of the buyback, an off-market purchase of 191,671,857 ordinary shares in the bank will be made at a price of €6.2607 per share.