State-owned Saudi Aramco has issued a supplementary prospectus for its initial public offering (IPO).

 

The supplementary prospectus should be read with the main offering prospectus issued on Nov. 9.

 

The giant oil producer set the IPO price range between SAR 30 - SAR 32 per share. It will float a 1.5% stake, or 3 billion shares in its initial public offering (IPO).

 

The world's largest oil exporter has launched today, Nov. 17 its IPO for retail and institutional investors.

 

The retail offering will close on Nov. 28, while the deadline to submit bid forms for institutional investors is set for December 4.

 

For more details about Saudi Aramco IPO

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Quotes

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0027.9027.9528.0028.0528.10
Close : 27.95 | Jan 9, 15:19


Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website