Recent events
Recent events tied to this brand in public sources.
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2019
Aramco prices its IPO at the top of the target range
Saudi Aramco priced its initial public offering at the high end of the targeted range, a price level that the article said would allow it to raise at least $25.6 billion. The source gives conflicting weekday and calendar-date wording, so the event date uses the article’s publication date.
2019
Saudi Aramco raises $25.6 billion in IPO
Saudi Aramco raised $25.6 billion in its initial public offering in Riyadh after selling a 1.5% stake to domestic and regional investors. Trading was expected to begin later in the month.
2019
Saudi Aramco IPO approved
Saudi Arabia’s Capital Market Authority formally approved Saudi Aramco’s IPO.
2019
Saudi Aramco cancels UK IPO roadshow
Saudi Aramco canceled a marketing roadshow for its IPO in the United Kingdom.
2019
Aramco announces indicative IPO price range
Aramco announced an indicative price range of 30–32 riyals per share for its planned IPO on the Saudi Stock Exchange.
2019
Aramco published its intention to float
Saudi Aramco published an intention-to-float document on Sunday, advancing its planned initial public offering.
2019
Saudi Aramco launches IPO process
Saudi Aramco announced and launched the process for an IPO, planning to list on the Riyadh stock exchange; trading was estimated to begin in December.
2019
Saudi Aramco reduces domestic gasoline prices
Saudi Aramco announced reduced domestic gasoline prices starting October 20, 2019. The 91 grade fell to 1.50 riyals per liter from 1.53, and the 95 grade fell to 2.05 riyals from 2.18.