Saudi Aramco issues supplementary IPO prospectus

17/11/2019 Argaam

 

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 {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
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.

Most Read