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Saudi Aramco

Saudi Aramco latest

Saudi Aramco To Sell An Additional 450 Million Shares Through "Greenshoe Option"
January 13th, 2020 - 08:29 GMT

Saudi Aramco Raises IPO to Record $29.4 Billion by 'Greenshoe Option'

State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion. Aramco initially raised a $25.6 billion, which was itself a record level, in its December IPO by selling 3 billion shares at 32 riyals ($8.53) a share. But it had indicated it could sell additional ...
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Al Bawaba
May 20th, 2000 - 02:00 GMT

New Gas Field Discovered in Saudi Arabia

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