UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the date of 6 July, 2007 ALLIED IRISH BANKS, public limited company Bankcentre, Ballsbridge, Dublin 4, Republic of Ireland Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F..X... Form 40-F..... Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ..... No ..X... If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ 6 July 2007 Allied Irish Banks, p.l.c. Re-issue of Treasury Shares Pursuant to Rule 9.6.4 of the Irish Listing Rules and Rule 12.6.4 of the UK Listing Rules, Allied Irish Banks, p.l.c., has, on 5 July 2007, transferred 2,286,250 ordinary shares, previously held as Treasury shares, to the Trustees of the Allied Irish Banks, p.l.c. Employee Profit Sharing Schemes ("the Schemes"). The shares were allotted to qualifying participants in the Schemes, pursuant to a resolution of the Board, on 27 June 2007. Following the transfer, the total number of ordinary shares held as Treasury shares is 38,116,754. The total number of ordinary shares in issue, excluding Treasury shares, is 880,318,816. -ENDS- For further information please contact: Mr. David O' Callaghan Assistant Secretary, Allied Irish Banks, p.l.c., Bankcentre, Dublin 4. Tel: +353-1-641-4672 Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised. ALLIED IRISH BANKS, p.l.c. (Registrant) Date 6 July, 2007 By: ___________________ John O'Donnell Group Director, Finance, Risk and Enterprise Technology Allied Irish Banks, p.l.c.