Finance Minister confirms extension of AIB share trading plan

Trading plan has so far reduced the State's shareholding from 71% to just over 40%

To date, proceeds generated from phase four of the AIB trading plan amount to around €124.7m and the average price per share achieved is €4.23. Picture Denis Minihane.

The Government has announced a further extension of its AIB share trading plan for another seven months, marking its fifth phase as it further reduces its crisis-era stake in the bank.

The plan is set to become operational in the coming weeks and will end by the 23rd of July 2024.