The State’s remaining 5 per cent stake, after the buyback, is currently worth €790 million
Taking out the warrants may be the missing part of the jigsaw for recovering the full €20.8 billion rescue bill. Photograph: Leah Farrell / RollingNews.ie
Adding in the €18.5 billion of cash that taxpayers have already recovered from AIB, the total is set to reach €19.8 billion. However, a bunch of stock warrants issued to the Government in 2017 and long since forgotten by many observers, given that they have been underwater for the past eight years, may prove key.
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