AIB's Odd-lot Offer allowed shareholders with less than 20 shares to sell without fees, resulting in a buyout of 253,765 shares amounting to €14.3m.
The purpose of the Odd-lot Offer was to simplify the shareholder base, reducing the number of minority shareholders while cutting administrative costs for the bank.
The buyout represents just 0.01% of AIB's overall share capital, which emphasizes the bank's strategy to streamline operations and reduce communication burdens.
With the government as the largest stakeholder at 20.99%, AIB is focusing on efficiency by eliminating small shareholdings that incur more administrative expenses.
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