Davy calls for buybacks to reduce the state’s stake in AIB

The country’s largest stockbroker has called for a change in strategy to speed up the privatization of AIB after more than a decade of state ownership.

In a note to institutional investors on Tuesday, Davy suggested that AIB should begin “big buybacks,” particularly of stocks controlled by the National Treasury Management Agency (NTMA), in a bid to reduce the government’s stake below 50 percent faster .

https://www.independent.ie/business/davy-calls-for-buybacks-to-slash-the-states-stake-in-aib-42129576.html Davy calls for buybacks to reduce the state’s stake in AIB

Fry Electronics Team

Fry Electronics.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@fry-electronics.com. The content will be deleted within 24 hours.

Related Articles

Back to top button