"The final number of shares sold is 3.450 billion shares, and the final value of the deal is $29.4 billion," Khatib said. Aramco is listing its shares on Dec. 11 on the Saudi exchange after completing the largest IPO on record.
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...
Number of Analysts 19 Last Close Price 25.35SAR Average target price 30.32SAR Spread / Average Target +19.61% Consensus Profit revisions Estimate revisions Quarterly revenue - Rate of surprise Company calendar Created with Highcharts 9.3.3TechnologyTechnologyConsumerCyclicalsConsumerCyclicals...
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 ...
"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...
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:...
Altogether, that give Apple a market capitalization of $1.84 trillion, based on share price and number of outstanding shares. That allowed Apple to close with a market valuation higher than Saudi Arabian oil juggernaut Saudi Aramco, which has held the number-one spot since it went publi...
Aramco declared a dividend of $18.8 billion for the fourth quarter, to be paid in Q1 2022. The Board of Directors also recommended that $4 billion in retained earnings be capitalized and bonus shares be distributed to shareholders, subject to required Extraordinary General Assembly and regulatory ...
of Saudi Arabia's oil and is the world's biggest, most coveted and secretive oil company. On January 4th the kingdom's deputy crown prince, Muhammad bin Salman, told The Economist that Saudi Arabia was considering the possibility of floating shares in the company, adding that personally he ...
Aramco declared a dividend of $18.8 billion for the fourth quarter, to be paid in Q1 2022. The Board of Directors also recommended that $4 billion in retained earnings be capitalized and bonus shares be distributed to shareholders, subject to required Extraordinary General Assembly and regulatory ...