|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||3.2000 - 3.2000|
|52 Week Range||1.9800 - 3.2700|
|Beta (5Y Monthly)||1.95|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ireland sold 5% of Allied Irish Banks (AIB) to institutional investors for 396.6 million euros ($396.24 million), the finance ministry said on Tuesday, part of a drive to sell down bank stakes acquired during the financial crisis. Dublin began gradually selling shares in AIB for the first time since a 2017 IPO at the start of the year through a share trading plan, and Monday's placing marked the second time in five months it has sold a 5% stake in one go. As a result of the placing, at 2.96 euros per share via an accelerated book build, the overall size of Ireland's shareholding will be reduced from to 57% from 62%, Finance Minister Paschal Donohoe said in a statement.
The CMA said that the survey promotes competition between providers.
The Irish government has raised 305 million euros ($323 million) through the sale of a 5% stake in Allied Irish Banks (AIB) in an accelerated book build that cut its majority shareholding to 63.5%, the finance ministry said on Tuesday. Dublin has been gradually selling shares in AIB since the start of the year through a share trading plan, and announced on Friday that it has raised 161 million euros by reducing its stake to 68.5% from 71.1% over the past six months.