Saudi Aramco details shareholding post-allocation

09/06/2024 Argaam

Saudi Aramco details shareholding post-allocation

Logo of Saudi Aramco


Saudi Arabian Oil Co. (Saudi Aramco) announced today, June 9, shareholding details following the final allocation of its secondary offering constituting 1.545 billion shares.

The majority of the shares allocated to the institutional tranche of the offering went to investors located outside Saudi Arabia, the oil giant said in a media statement.

 

Following the transaction, the public shareholders of Aramco comprise international institutional investors (approximately 0.73% of issued shares), domestic institutional investors (approximately 0.89% of issued shares) and retail investors (approximately 0.76% of issued shares).

 

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Other shareholdings, including the Saudi government, comprise approximately 97.62% of issued shares.

 

International and domestic institutional investors consist of institutions that have purchased shares in the company through its initial public offering (IPO), the offering and/or through open market purchases since the IPO.

 

Retail investors consist of individual investors, including high net worth individuals (excluding executives, directors and any other individuals who would typically be considered as insiders), who have purchased shares in the company through the IPO, the offering and/or through open market purchases since the IPO.

 

Other shareholdings include shares owned by the Saudi government, shares acquired by or transferred to government-owned entities, subsidiaries and affiliates from the government (not through the IPO, the offering and/or through open market purchases), executives, directors and any other individuals who would typically be considered as insiders and 163.76 million shares held in treasury.

 

Post-Allocation Shareholding

Investor Categories

Ownership to Issued Shares (%)

International Institutional Investors

0.73 %

Domestic Institutional Investors

0.89 %

Retail Investors

0.76 %

Other Shareholders, Including Saudi Government

97.62 %

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