Tag Archives: Aramco shares rocket on debut after record IPO

RIYADH: Saudi Aramco’s shares soared on their debut on the domestic stock exchange on Wednesday, becoming the world’s biggest listed company worth $1.88 trillion after a record-breaking IPO. Aramco had priced the initial public offering at 32 riyals ($8.53) per share, raising $25.6 billion and narrowly eclipsing Alibaba’s IPO of 2014 to become the world’s largest. Aramco shares climbed the …

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