Oireachtas Joint and Select Committees
Thursday, 30 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 7 - Office of the Minister for Finance
Finance Accounts 2022
Report on the Accounts of the Public Services 2022
Chapter 1 – Exchequer Financial Outturn for 2022
Chapter 2 – Reporting Ireland’s EU Transactions
Chapter 24 – Performance of the Ireland Apple Escrow Fund
Chapter 25 – Irish Fiscal Advisory Council
9:30 am
Mr. Des Carville:
We started off at 99.8% in that bank and raised €3.4 billion in 2017 to extend to 72%. After 2017, we had Brexit and Covid and there were lots of reasons we could not go into the market and sell shares. Over the past couple of years, we have been realising value through directed buybacks, buybacks, dividends and four accelerated book-build exercises at roughly €500 million each, and we have a trading plan in place, which we have extended three times-----
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