Tadawul adjusts Aramco’s reference price after capital hike

09/05/2023 Argaam

Logo of Saudi Aramco


The Saudi Exchange (Tadawul) announced Saudi Arabian Oil Co.’s (Aramco) reference price and single stock futures size, which were adjusted due capital hike via bonus share issue.

Tadawul indicated that the company’s contract code, reference price and SSF size will be adjusted today, May 9, as follows:

SSFs details

Before Adjustment

After Adjustment
 

Contract Name

SSF Size

SSF Reference Price

New Contract Name

SSF Size

SSF Reference Price

ARMF3K

100

35.85

ARMF3KX

110

32.6

ARMF3M

100

36.00

ARMF3MX

110

32.75

ARMF3U

100

36.60

ARMF3UX

110

33.25

ARMF3Z

100

37.10

ARMF3ZX

110

33.75


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