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The Shaybah facility of Aramco. Image courtesy: Aramco

Aramco provides breakdown of new shareholding

RIYADH, June 9, 2024

International institutional investors own approximately 0.73% of issued shares of Saudi Aramco, pursuant to the final allocation of the recent fully marketed offering of 1.545 billion shares (Offering), a statement said giving a breakdown of the energy major's shareholding.
 
In the Offering, a majority of the shares constituting the institutional tranche of the offering was allocated to investors located outside of the kingdom.
 
As of June 9, 2024, the public shareholders of Saudi Arabian Oil Company (Saudi Aramco) comprises: 
* 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). 
* Other shareholdings, including the Government of the Kingdom of Saudi Arabia, 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, it said.
 
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 (i) shares owned by the government, (ii) 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), (iii) executives, directors and any other individuals who would typically be considered as insiders and (iv) 163,758,663 shares held in treasury. - TradeArabia News Service



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