DUBLIN—The Irish government on Friday extended the gradual sell down of its shares in Bank of Ireland to May 2022, having raised 249 million euros ($287.79 million) in the last three months by cutting its stake to 9.3 percent from 13.9 percent.
The government announced in late June that it intended to cut its shareholding in a trading plan that was due to end in January. The finance ministry said on Friday that it had sold the shares at an average price of 4.96 euros.