Saudi Aramco, formally known as the Saudi Arabian Oil Co., acknowledged the stock sale in a corporate disclosure online. It put the number of shares being offered at 1.545 billion, priced at between $7.12 and $7.73 a share. At the high range of the valuation, that would make the s...
Saudi Aramco, formally known as the Saudi Arabian Oil Company, acknowledged the stock sale in a corporate disclosure online. It put the number of shares being offered at 1.545 billion, priced at between 7.12 (£5.61) and 7.73 dollars (£6.09) a share. At the high range of the valuation...
the company said "the final offer price, number of shares to be sold and percentage of the shares to be sold will be determined at the end of the book-building period."
Number of Analysts 19 Last Close Price 27.95SAR Average target price 31.17SAR Spread / Average Target +11.51% Consensus Profit revisions Estimate revisions Quarterly revenue - Rate of surprise Company calendar My Watchlist My lists Currency / Forex ...
This resulted in the increase of issued ordinary shares from 220 billion to 242 billion. On April 16, 2023, the Government announced it has transferred 4.0% of its shares in the Company to Sanabil Investments. This private transfer did not affect the Company's total number of issued shares ...
Headquartered in Dhahran, Aramco conducted an IPO in 2019 that it saw it make a small percentage of its shares available for purchase to the public. Company InformationKey Financials (last Fiscal Year)Profit Ratios Updated:8/5/24 Country:Saudi Arabia Headquarters:Dhahran, Saudi Arabia Industry:...
"I will manage that by moderating our decline, and offsetting that decline with the addition that will be coming from Zuluf, Marjan and Berri. That should not impact the number of rigs that we have in the field." The capacity target decision had sent shares of U.S. oilfield servi...
Aramco has said in the past that 0.5% of its listed shares would be available to individual retail buyers, while the remaining 1% would be for institutional investors. That 1% is equivalent to 2 billion shares. In the first 2½ weeks of Aramco's book-building period, it ...
Nevertheless, Saudi Aramco went public with its IPO in 2019, raising a record $25.6 billion by selling three billion shares. This was only 1.5% of the company's value—significantly lower than firms like Apple, which has only about 0.10% of its shares in the hands of insiders.1213Limiting...
Saudi Aramco, formally known as the Saudi Arabian Oil Co., acknowledged the stock sale in a corporate disclosure online. It put the number of shares being offered at 1.545 billion, priced at between $7.12 and $7.73 a share. At the high range of the valuation, that would make ...