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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Allied Irish Bk | LSE:ALBK | London | Ordinary Share | IE00BYSZ9G33 | ORD EUR0.625 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.425 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 5.41 | 5.565 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 5.425 | EUR |
Allied Irish Banks (ALBK) Share Charts1 Year Allied Irish Banks Chart |
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1 Month Allied Irish Banks Chart |
Intraday Allied Irish Banks Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 13/6/2017 | 06:00 | Allied Irish Banks | 1,446 |
| 29/1/2009 | 23:05 | ALLIED IRISH BANK SHOULD HAVE (PROMISING) INTERIMS | 107 |
| 02/8/2007 | 08:27 | Allied Irish with Charts & News | 4 |
| 01/8/2007 | 14:08 | asasas | - |
| 09/2/2003 | 22:54 | ALBK Were will you be in the Depression | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 31/7/2014 16:24 by lbo There are more than 521 billion AIB shares in issue, which gives it a market cap of about 51 billion. Crazy stuff. |
Posted at 28/3/2013 22:55 by wexboy 2013 The Great Irish Share Valuation Project (Part IX)I take a look at Allied Irish Banks, plus a batch of other Irish stocks: Cheers, Wexboy |
Posted at 31/5/2012 19:02 by pdosullivan Evening folks, I've posted a blog this evening looking at whether AIB is worth a punt at these levels - thought you might be interested in it: |
Posted at 20/1/2012 01:32 by wexboy Hey folks,I notice that Liarspoker started this thread, so first here's a shout-out for his new blog: This week I started The Great Irish Share Valuation Project on my value investing blog, where I plan to set a Fair Value Price Target for every listed Irish company. So far I've valued a dozen companies, including AIB: I hope you'll take a look (if you've any feedback/questions, please don't hesitate to comment or email me), and/or become a regular reader. Cheers, Wexboy |
Posted at 23/12/2010 15:48 by napoleon111 DUBLIN, Ireland (23 December 2010) ("AIB") [NYSE:AIB] - Allied Irish Banks,p.l.c. ("AIB" or the "Company") has today received notice that the High Court issued a Direction Order (the "Order") under the Credit Institutions (Stabilisation) Act 2010 (the "Act") directing AIB to issue immediately approximately 3.7 billion (net of expenses) of new equity capital ("Capital Increase") to the National Pensions Reserve Fund Commission ("NPRFC"). The new shares to be issued to the NPRFC will comprise ordinary shares and convertible non-voting shares ("CNV shares"), to be issued at a price of 0.3793 per new ordinary share and 0.3396 per new CNV share. This additional equity will ensure that AIB meets the year-end regulatory capital requirements of the Central Bank of Ireland. It is expected that the Capital Increase will be completed shortly. To facilitate completion before year-end, AIB's shareholders will not be entitled to subscribe for the new equity and pre-emption rights will be disapplied. The Order also includes a direction that AIB increases its authorised share capital and adopts amended articles of association in place of the existing articles of association of the Company to give effect to the Capital Increase. The NPRFC Holding Following the Capital Increase Pursuant to the Capital Increase, AIB will issue 675,107,845 new ordinary shares to the NPRFC. Upon closing of the Capital Increase, and in order to facilitate the ongoing disposal of AIB's Polish interests, the NPRFC will hold 49.9% of the ordinary shares of the Company, representing 876,220,621 ordinary shares. Following the Capital Increase, AIB will have a total number of 1,755,953,148 ordinary shares in issue. In addition, AIB will issue to the NPRFC a further 10,489,899,564 CNV shares, which will rank pari passu with the ordinary shares other than in respect of voting, and will be convertible into ordinary shares on a one-for-one basis. The NPRFC intends to increase its holding in AIB's ordinary shares by converting all of the CNV shares following completion of the sale of AIB's Polish interests. This would increase the NPRFC's ownership of the ordinary shares of the Company to 92.8%. Further Capital Measures to be Undertaken by AIB Pursuant to the Capital Increase, AIB will receive net proceeds of approximately 3.7 billion and will be required to generate approximately 6.1 billion of additional equity capital in order to meet its revised PCAR equity capital requirement of 9.765 billion, as announced on 28 November 2010. AIB is considering a number of options to fulfill this requirement prior to 28 February 2011, including the possibility of issuing further new shares to the State and undertaking liability management exercises in relation to its subordinated capital. Preference Shares It is also anticipated that prior to 28 February 2011, subject to receipt of appropriate authorities, the NPRFC will convert up to 3.5 billion of its existing 2009 Preference Shares into ordinary or CNV shares at a price of 0.342 per share. Delisting from the Official List and Main Market of the London Stock Exchange and Move to the Enterprise Securities Market of the Irish Stock Exchange The High Court has directed AIB to apply to cancel its listing of ordinary shares on the Main Securities Market of the Irish Stock Exchange ("ISE") ("Irish Main Market Delisting") and to apply for admission to trading on the Enterprise Securities Market ("ESM") of the ISE. The High Court has also directed AIB to apply to cancel the admission of its ordinary shares to the Official List maintained by the UK Financial Services Authority and to cancel trading on the main market of the London Stock Exchange ("LSE") ("UK Delisting"). The Capital Increase by year-end is, in the opinion of AIB's Board of Directors, critical for the continued activities of the Company and cannot be fully completed while AIB remains listed on the main markets of the ISE and LSE. Given the current financial position of AIB, the Capital Increase is required to ensure that AIB complies with the minimum regulatory capital requirements of the Central Bank of Ireland at 31 December 2010. Failure to complete the transaction prior to year-end would likely prompt further action from the Irish State, including the possibility of full nationalisation. As a result, the Company believes that cancellation of the main market listings is in the best interests of AIB and its stakeholders as a whole. The Company and the State wish to ensure that shareholders retain access to a public trading facility for their shares. Shareholders' ownership of the existing ordinary shares will be unaffected by this move. The Company will advise all shareholders of this move to the ESM in a letter to be sent to shareholders by year-end. In the meantime, information in the form of questions and answers will shortly be made available on the Company's investor relations website. The proposed admission to trading on the ESM will mean that AIB will continue to have market oversight, disclosure and reporting obligations. It will also facilitate AIB's intention to maintain investor relationships and market analyst coverage. The ordinary shares will continue to trade on the ISE up to and including 25 January 2011. It is expected that the Company will be delisted from the Main Securities Market of the ISE following the close on 25 January 2011, being 20 business days from the date of this announcement and that the Company currently expects to be admitted to trading on the ESM on 26 January 2011. Given the timetable for the Capital Increase, the Company will not therefore seek shareholder approval for the UK Delisting in reliance on UK Listing Rule 5.2.7. The Company's ordinary shares will continue to trade on the LSE up to and including 25 January 2011. Following the UK Delisting, the Company's ordinary shares will trade on the ESM. The Sale of AIB's Polish Interests In the Order, the High Court has directed AIB to complete the sale of its Polish interests to Banco Santander S.A. pursuant to the Share Purchase Agreement dated 10 September 2010 when all the regulatory conditions other than the approval of AIB's shareholders have been satisfied, but not before the admission to trading on the ESM and the UK Delisting have occurred. As a result, there will not be a requirement for shareholder approval, an associated circular or an extraordinary general meeting in order to complete that sale. Cancellation of NPRFC Warrants In connection with the Capital Increase, the Company has agreed with the Minister and the NPRFC that the 294,251,819 warrants to subscribe for ordinary shares in AIB, granted to the NPRFC as part of the Government's 2009 3.5 billion recapitalisation, are to be cancelled in consideration of the payment of approximately 52.5 million by AIB to the NPRFC. The AIB Board of Directors AIB's Board of Directors acknowledges the continued support of the Minister for Finance and the Irish State. It notes its new duty under the Act to have regard to the public interest in the performance of their functions and, if that public interest conflicts with the best interests of the Company, that the new statutory requirement provides for the public interest to prevail. |
Posted at 14/12/2010 07:54 by ch1ck Whether or not the share price will rise on the news bonus's are not to be paid is realy immaterial, this is the first bank to take the morally correct action and I applaud the Irish government and bank for taking this stance. |
Posted at 24/11/2010 12:26 by bongo bwana Many thanks Nap - sincerely appreciated.Would not rule out the possibility of a Government selling their interest in ALBK to a foreign interest - probably soverign, (Im pretty sure that during the past few days Mr. Honohan at the CB made a pretty clear hint towards something that may be a possible move at an appropriate time in the future and that this would have the blessing of the CB). Well, that was my interpretation. The manner in which the share price is performing here suggests that some people suspect or know that the move may occur sooner rather than later. THAT is exactly why Im watching, right now. |
Posted at 24/11/2010 10:11 by ch1ck This share is defo not for the faint hearted but if you trade it you can make some big money. I have bought and sold over the last two weeks and and am buying back in today.As I see it all the banks are up for sale with Alied the strongest. The Euro is falling apart and if it recovers you get a double wammy of share price and Euro to Pound exchange rate rising. Alied debt is under writted and has arranged a pull down of NAMA of 13 Bil in a structured manner. The right issue is under written at 50 cents current price is 26 cents. Give this two weeks and we will see the panic subside and people will see stabilising the banking system is key. As a comparison examine the fall and recovery of the UK banks |
Posted at 05/11/2010 11:04 by moochy Ch1ck, brave move! Let's hope the Irish government's pockets are deep enough to rescue ALBK. I'm not a holder, but I was on and off over the past 18 months. I just think that things will get worse for ALBK before they get any better. Share price can fall as low as 5p within the next 3 months, that's when I might consider buying some. |
Posted at 30/9/2010 14:19 by napoleon111 Quipincha re post 1180, yes thats right, not logical at all, and absolutley no chance of II's putting any money near aibAIB made this statement to the Stock Exchange this morning. It covers an increased capital requirement of 10.4 billion, equity capital raising plan and management and board changes. "AIB Capital Update / Equity Capital Raising "Allied Irish Banks, p.l.c. ("AIB") [NYSE: AIB] is making this announcement following a review of its capital requirements by the Irish Financial Regulator (the "Financial Regulator"). The Financial Regulator has updated its assessment of AIB's capital requirement and has increased the amount of equity capital required under the Prudential Capital Assessment Review ("PCAR") from 7.4 billion to 10.4 billion. The increased PCAR requirement for AIB has been set following an assessment by the Financial Regulator of AIB's potential losses on NAMA loans. "This PCAR capital requirement is to be met as follows: billion - equity capital raising 5.4 - disposals and other capital generating measures 5.0 Total 10.4 "Equity Capital Raising 2010 "A 5.4 billion equity capital raising will be launched during November which will be completed before 31 December 2010. This equity capital raising will be fully underwritten by the National Pensions Reserve Fund Commission ("NPRFC") at a fixed price of 0.50 per new ordinary share, which represents a discount of approximately 9.4 per cent to the official closing price of an ordinary share on the Irish Stock Exchange on 29 September 2010. The capital raising will be structured as a placing and open offer and existing shareholders will be invited to subscribe for all or part of their pro rata entitlements. New institutional shareholders may also be permitted to subscribe for new shares under the offer. "If necessary, the NPRFC's underwriting commitment will be met through a new cash contribution of up to 3.7 billion for new ordinary shares from existing cash resources of the NPRFC and by the conversion of up to 1.7 billion of the existing 2009 Preferences Shares held by the NPRFC. Following this conversion of 2009 Preference Shares the NPRFC would hold 1.8 billion of 2009 Preference Shares. "On completion of the equity capital raising it is possible that the NPRFC will own a significant majority stake in AIB. It is intended to structure the transaction in a manner which optimises the ability of AIB to retain its existing stock exchange listings, including appropriate structuring of voting rights, (subject to agreement with the relevant exchanges) even in circumstances where the NPRFC purchases all or substantially all of the underwritten new ordinary shares. The mechanics of implementation will be subject to discussion with relevant listing authorities. "It is anticipated that the existing warrants issued to the NPRFC in 2009 will be repurchased on terms to be agreed. "The terms of the capital raising are subject to the approval, inter alia, of the European Commission, AIB shareholders and other regulatory consents. A prospectus will be published in due course and will provide further details in relation to the terms of the equity capital raising, underwriting structure and timing. "Disposals and Other Capital Generating Measures "On 10 September 2010, AIB announced the sale of it Polish interests, representing the sale of its entire 70.36 per cent shareholding in the issued share capital of Bank Zachodni WBK S.A. and its 50 per cent shareholding in BZ WBK Asset Management S.A. to Banco Santander S.A. which will generate approximately 2.5 billion of equivalent equity tier 1 capital. In addition, AIB is undertaking further asset disposals and considering additional capital generating initiatives which could generate a further 2.5 billion of capital. Subject to the outcome of those further asset disposals and capital generating measures, to the extent required, the remaining 1.8 billion of 2009 Preference Shares held by the NPRFC may be fully or partially converted into new ordinary shares on 31 March 2011, to meet final regulatory requirements as determined by the Financial Regulator. "Board and Management "The Minister for Finance expected that management and board changes would be made in conjunction with the recapitalisation of the bank. "The Board has agreed with Mr. Dan O'Connor that he will step down as Executive Chairman within the coming weeks. "The Board has also agreed with Group Managing Director Mr. Colm Doherty the termination of his contract on existing terms. Mr Doherty will depart AIB before the end of 2010. "The Board wishes to express their appreciation both to Mr. O'Connor and Mr. Doherty for their contribution to the bank, especially in recent times as the bank embarked on its recapitalisation and reorganisation. " |
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