Aramco Ipo Share Price

Shares will debut on the tadawul the local stock exchange on dec.
Aramco ipo share price. Aramco priced its ipo at 32 riyals 8 53 per share the top of its indicative range the company said in a statement raising 25 6 billion and beating alibaba group holding ltd s baba n record. Though the stock experienced a 0 7 dip tuesday morning its first decline since the ipo. But few could have expected the. Shares priced at 32 riyals or 8 53 which is at the top of its 8 8 53 range saudi aramco confirmed thursday.
Saudi aramco s ipo has been closely anticipated in the last few years but has been delayed amid oil price volatility valuation uncertainty the location of the share listing and geopolitical. Get the latest aramco saudi aramco stock price and detailed information including news historical charts and realtime prices. That means the deal raised more than china s alibaba baba in its 2014 public debut. Aramco priced its ipo at 32 riyals 8 53 per share the top of its indicative range the company said in a statement raising 25 6 billion and beating alibaba group holding ltd s record 25.
Saudi aramco s status as an oil producing behemoth located in one of the world s most turbulent regions always marked it as likely to suffer bouts of volatility.