The Governor and Company of the Bank of Ireland has delisted its ADRs from the NYSE. The ADR used to trade with the ticker IRE. The last trade on the exchange happened on Feb 12, 2015. Here is the ADR termination timeline from the bank’s investor relations site: Expected delisting and ADR termination timeline 21 …
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Bank of Ireland (IRE) effected a 1:10 reverse stock split on its ADR effective October 14, 2011. The ADR closed at $0.83 on Friday, October 14th. The stock will start trading at the reverse split price of $8.30 on Monday, Oct 17th. From Bank of Ireland Investor Relations site: The current ratio for Bank of …
Ireland is relatively a little country with a population of about 4.5 million.Until the late 80s the country was a poor performer in terms of growth and prosperity. However Ireland was erroneously dubbed as a “Celtic Tiger” owing to the staggering economic growth achieved until 2007. This Celtic Tiger name was modeled after the “Asian …
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The table below lists the Year-To-Date (YTD) performance of the exchange-listed Irish ADRs: [TABLE=721] Similar to Anglo Irish Bank investors, Allied Irish Banks(AIB) and Bank of Ireland(IRE) common investors may be wiped out if Ireland nationalizes these beaten-down banks.CRH (CRH) is in the construction and materials industry. So it can be avoided until the dust …
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The EU and IMF are expected to approve a bailout package worth billions of Euros to Ireland next week. The Irish banking system is especially in need of capital injections despite billions already pumped into them by the Irish government. Similar to most U.S. banks, Irish banks also recklessly lent funds heavily to the real …
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