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Bank of Ireland Group PLC - Dublin-based lender - Commissions broker J&E Davy and investment bank UBS to conduct a share buyback programme worth up to €520 million. The buyback will begin on Tuesday and run until December 18 at the latest. All shares repurchased on Euronext Dublin will be cancelled. Bank of Ireland released its annual results on Monday, promising a mix of dividend and share buybacks in 2024 after profit jumped by more than 90% in 2023. Total shareholder distributions were €1.15 billion in 2023, up from €350 million in 2022. This consisted of €634 million in dividends - or 60 euro cents per share - plus €520 million in share buybacks. Current stock price: €7.99 12-month change: down 21% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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