REG - AIB Group PLC - AIB Group plc €1.0bn Share Buyback Programme

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RNS Number : 2194V  AIB Group PLC  04 March 2026

      4 March 2026

AIB Group plc - €1.0 billion Share Buyback Programme

 

AIB Group plc ("AIB" or the "Company") announces the commencement of a share
buyback programme whereby it will repurchase ordinary shares of AIB (the
"Shares") for up to a maximum aggregate amount of €1.0 billion.

The share buyback programme will consist of an on-market buyback of Shares
(the "Share Buyback Programme") and will commence today, 4 March 2026, and may
continue until 31 December 2026 subject to market conditions, the ongoing
capital requirements of the business and termination provisions customary for
arrangements of this nature. All Shares repurchased under the Share Buyback
Programme will be cancelled.

AIB has entered into non-discretionary agreements with Goodbody Stockbrokers
UC, acting as agent, and Morgan Stanley & Co. International Plc, acting as
riskless principal, to conduct the Share Buyback Programme and to repurchase
Shares on AIB's behalf and to make trading decisions under the Share Buyback
Programme independently of AIB in accordance with certain pre-set parameters.
These Shares will be repurchased on Euronext Dublin.

The Share Buyback Programme will be conducted initially in accordance with the
Company's on-market buyback authority as approved by shareholders at the
Company's AGM on 1 May 2025, and the continuation of the share buyback
programme will be contingent on the approval of AIB shareholders of renewed
repurchase authority at the Company's 2026 AGM. The Share Buyback Programme
will be conducted in accordance with the parameters prescribed by the Market
Abuse Regulation 596/2014/EU, the Commission Delegated Regulation (EU)
2016/1052 and the Commission Delegated Regulation (EU) 2016/1052 (also as in
force in the United Kingdom ("UK"), from time to time, including, where
relevant, pursuant to the UK's Market Abuse (Amendment) (EU Exit) Regulations
2019) as well as the applicable laws and regulations of Euronext Dublin. The
maximum number of Shares that could be repurchased under the Share Buyback
Programme is 232,843,857. The purpose of the Share Buyback Programme is to
reduce the share capital of AIB.

The Share Buyback Programme may be supplemented by the purchase of ordinary
shares by way of block trades in accordance with the Company's general
authority to repurchase shares. The maximum consideration payable by the
Company under the Share Buyback Programme will be reduced by the corresponding
amount of capital returned through block trades.

Details of any Shares repurchased will be notified to a Regulatory Information
Service by the Company following any repurchase.

 

- ENDS-

For further information, please contact:

 

 Group Investor Relations & External Communications

 Niamh.a.Hore@aib.ie (mailto:Niamh.a.Hore@aib.ie)

 Tel: + 353 86 313 5647

 Investor Relations

 Siobhain.m.Walsh@aib.ie (mailto:Siobhain.m.Walsh@aib.ie)

 Tel: + 353 87 3956864

 External Communications

 Will.r.Goodbody@aib.ie (mailto:Will.r.Goodbody@aib.ie)

 Tel: +353 86 8502204

Forward Looking Statements

This document contains certain forward looking statements with respect to the
financial condition, results of operations and business of AIB Group and
certain of the plans and objectives of the Group. These forward looking
statements can be identified by the fact that they do not relate only
to historical or current facts. Forward looking statements sometimes use
words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend',
'plan', 'goal', 'believe', 'may', 'could', 'will', 'seek', 'continue',
'should', 'assume', or other words of similar meaning. Examples of forward
looking statements include, among others, statements regarding the Group's
future financial position, capital structure, income growth, loan losses,
business strategy, projected costs, capital ratios, estimates of capital
expenditures, and plans and objectives for future operations. Because such
statements are inherently subject to risks and uncertainties, actual results
may differ materially from those expressed or implied by such forward looking
information. By their nature, forward looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that
will occur in the future. There are a number of factors that could cause
actual results and developments to differ materially from those expressed or
implied by these forward looking statements. These are set out in the
Principal risks on pages 17 to 18 in the 2025 Annual Financial Report. In
addition to matters relating to the Group's business, future performance will
be impacted by the Group's ability along with governments and other
stakeholders to measure, manage and mitigate the impacts of climate change
effectively. Future performance could also be impacted by macroeconomic
uncertainty, tariffs, geopolitical tensions and global conflict. Any forward
looking statements made by or on behalf of the Group speak only as of the date
they are made. The Group cautions that the list of important factors on pages
17 to 18 of the 2025 Annual Financial Report is not exhaustive. Investors and
others should carefully consider the foregoing factors and other uncertainties
and events when making an investment decision based on any forward looking
statement.

 

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