Aramco launches share sale to finance Vision 2030
Saudi oil giant Aramco is putting $10-12 billion worth of shares up for sale, aimed at financing its Vision 2030 program and diversifying the kingdom’s economy.
| Countries | Arabie Saoudite |
|---|---|
| Companies | Aramco |
| Sector | Pétrole |
| Theme | Investissements & Transactions, Développement de projets, Financement |
Aramco announced a new sale of 1.545 billion shares, representing 0.64% of its capital, at a price ranging from 26.70 to 29 Saudi rials ($7 to $7.70). This transaction is the second since the company’s IPO in December 2019, which raised $25.6 billion for 1.5% of the capital.
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