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Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

2019-12-09 15:50:00| OGI

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

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Saudi Aramco raises $25.6bn in world's biggest share sale

2019-12-06 00:14:21| BBC News | Business | UK Edition

The oil giant's listing is the biggest ever, surpassing that of China's Alibaba in 2014.

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Saudi Aramco Prices Shares At Top Of Range In Worlds Biggest IPO

2019-12-05 23:02:28| OGI

Aramco priced its IPO at 32 riyals (US$8.53) per share, the top of its indicative range, the company said in a statement.

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Saudi Aramco IPO Gets $44.3 Billion In Bids So Far

2019-11-29 14:37:49| OGI

Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Nov. 29, putting its initial public offering on track to be over-subscribed.

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Saudi Aramco Won't Breach Maximum Weight For Firms In Saudi Index: Report

2019-11-24 20:44:36| OGI

Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Nov. 24.

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