Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years. In a statement posted to the Saudi stock exchange, Aramco announced a "secondary public offering of 1.545 billion shares", with an expected price range between 26.70 and 29 Saudi riyals ($7 to $7.70). The sale on the local bourse, which represents approximately 0.64 percent of the company's issued shares, will commence on Sunday, Aramco said. It is the firm's second listing after an initial public offering in December 2019 that raised $25.6 billion, the biggest flotation in history. Saudi Arabia is the world's
Hence then, the article about saudi aramco to offer shares worth over 10 billion was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Saudi Aramco to offer shares worth over $10 billion )