BOI bids to improve shares

BANK of IRELAND Group has continued its share buy-back strategy aimed at improving its flagging share price.

It announced yesterday it had purchased 1,685,000 shares at €9.5987 per share.

The bank commenced a share buy-back initiative in mid-February and with the latest purchase, has retrieved 13,445,055 shares, making up 1.3% of the issued ordinary share capital of the group.