Bank Of Ireland Group (DE:BIRG) has released an update.
Bank of Ireland Group plc has actively pursued its share buy-back strategy, purchasing 410,000 of its own shares on Euronext Dublin for cancellation, with prices ranging from €10.0050 to €10.1700 per share. This move is part of a larger program announced earlier where the bank intends to repurchase up to €520 million worth of its shares. The buy-back is aimed at reducing the company’s share capital and potentially increasing the value of remaining shares.
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