image description
image description
Tell A Friend

FinancialNews


  • 12-12-19

    Saudi Arabian Oil Company listed in Saudi Stock Exchange

    (MENAFN) According to the Saudi Press Agency, on Wednesday, Saudi Arabian Oil Company Aramco was officially listed in the Saudi Stock Exchange.


    The listing occurred after the successful end of the early public offering of its shares as Saudi Aramco shares opened at USD8.5.


    KSA sold 3 billion ordinary shares during the IPO process, which represents 1.5 percent of the company's capital at the high end of the aim range.


    The whole subscription needs from individuals and institutions subscribers for the offering process, whose period expired until the end of Dec. 4, totaled to USD119 billion.


    The total worth of the offering was USD25.6 billion, making it the biggest IPO in history.

    MENAFN1212201900450000ID1099411145

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved