MSCI raises Aramco’s foreign, domestic inclusion factor in Nov. review

02:48 PM (Mecca time) Argaam
Logo ofSaudi Aramco

Logo of Saudi Aramco


MSCI announced an increase in the Foreign Inclusion Factor (FIF) and Domestic Inclusion Factor (DIF) for Saudi Aramco from 0.018 to 0.024 as of the close of Nov. 25, 2024 (effective on Nov. 26, 2024), in line with the index review in November 2024.

 

Within the framework of November review, MSCI assessed the remaining holdings of Aramco’s local institutional investors based on the latest available disclosures.

 

In the calculation of Aramco’s FIF and DIF, MSCI considered the holdings of local institutional investors as free float, which increases FIF and DIF.

 

According to data available on Argaam, the Saudi government and Saudi Aramco announced in June the closing of the secondary public offering.

 

The government sold 1.545 billion shares of the oil giant, representing nearly 0.64% of Aramco’s issued shares.

 

Saudi Aramco detailed the company’s post-allocation shareholding, as follows:

 

Shareholders after Secondary Offering

Investor Categories

Ownership to Issued Shares (%)

International Institutional Investors

0.73 %

Domestic Institutional Investors

0.89 %

Retail Investors

0.76 %

Other Shareholders including the Saudi Government

97.62 %

Comments {{getCommentCount()}}

Be the first to comment

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.