Investor Buying at Saudi Aramco

Investor Buying at Saudi Aramco

Investor Buying at Saudi Aramco 1900 1068 Finlay

About 4 million investors want to acquire a stake in the world’s largest oil company, having closed the Saudi Aramco’s retail tranche before the IPO one day before the completion of applications.

The contribution reached 32.6 billion riyals for $ 8.7 billion. The third part will be the largest sale of shares in the world. At the same time, it was reserved for retail investors. A nationwide advertising campaign, offering loans in excess of the standard limits, to finance the purchase influenced investors.

Some retail investors may invest in institutional offers using funds offered by local banks. People familiar with this issue wish to remain anonymous until the transaction is completed.

1 Comment
  • A WordPress Commenter 09/02/2020 at 22:28

    Hi, this is a comment.
    To get started with moderating, editing, and deleting comments, please visit the Comments screen in the dashboard.
    Commenter avatars come from Gravatar.

Comments are closed.