SAUDI ARAMCO'S IPO RAISED A RECORD $25.6 BILLION — BUT AN UNUSUALLY LOW 1.5% OF THE COMPANY'S SHARES WILL ACTUALLY TRADE

REUTERS/Hamad I Mohammed Saudi Aramco's record-shattering IPO made 3 billion shares available to public investors, though the offering only represents 1.5% of the oil giant's total value. Most large-cap companies offer far more of their stock in IPOs. Apple, Amazon, and Google-parent Alphabet all have more than 84% of their shares listed publicly. With the majority of Aramco's shares held by Saudi Arabia, government officials retain control ...

BusinessInsider (Date:12/10/2019 21:11) Read full article >>

Related News about "Saudi Aramco's IPO raised a record $25.6 billion — but an unusually low 1.5% of the company's shares will actually trade" news from other sites: (news similarity rate is shown on left.)

19%
Europe has 'sense of panic' over securing US trade deal: Wilbur Ross The Trump administration has dangled the threat of double-digit tariffs on European automobiles to pressure the trading bloc into making a trade deal with the U.S... FoxBusiness.com >>
20%
Zion Williamson stuns for New Orleans Pelicans in record-breaking NBA Debut Expectation is higher for the 2019 NBA draft's number one overall selection Zion Williamson than any rookie since LeBron James... CNN >>
20%
These brands spend nearly $100 billion on ads. They want Facebook and Google to raise their game Some of the world's biggest advertisers have joined forces with Facebook, YouTube and Twitter in an attempt to prevent harmful online content messing with their campaigns... CNN >>
16%
US bars Iranians from trade and investment visas The United States, locked in a tense confrontation with Iran in the Middle East, has barred Iranians from entering the country on trade and investment visas from Thursday... dailystar.com.lb >>
16%
Kerala seeks Centre's help on nurses in Saudi hit by coronavirus Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Thursday wrote to Union External Affairs Minister S. Jaishankar to ask him to see that all steps are taken by the Saudi Arabian authoritie.. Mathrubhumi.com >>
Italy: in Europein the European Union [Legend]
- Italy Wikipedia
Facebook PhotoFacebook: Facebook is an online social networking service. Its name stems from the colloquial name for the book given to students at the start of the academic year by some American university administrations to help students get to know each other. Facebook was founded in February 2004 by Mark Zuckerberg with
- Facebook Wikipedia
Apple PhotoApple:
- Apple Videos
Google PhotoGoogle: Google Inc. is an American multinational corporation specializing in Internet-related services and products. These include search, cloud computing, software and online advertising technologies. Most of its profits are derived from AdWords.
- Google Wikipedia
Alphabet PhotoAlphabet: Alphabet Inc. is a company being formed by Google that will serve as a holding company and conglomerate directly owning several companies that were owned by or sprung from Google, including Google itself. The company will be based in California and be headed by Google's co-founders, Larry Page and S
Wednesday: Wednesday is the day of the week between Tuesday and Thursday. According to international standard ISO 8601 adopted in most western countries it is the third day of the week. In countries that use the Sunday-first convention Wednesday is defined as the fourth day of the week. It is the fourth day o
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Netflix: Netflix, Inc. is an American provider of on-demand Internet streaming media available to North and South America, the Caribbean, United Kingdom, Ireland, Sweden, Denmark, Norway, Finland and flat rate DVD-by-mail in the United States, where mailed DVDs are sent via Permit Reply Mail.
Bloomberg: Bloomberg is a surname Anglicized from Yiddish or German: Blumberg. Notable people with the surname include:
Caribbean: The Caribbean French: Carabe or more commonly Antilles) is a region that consists of the Caribbean Sea, its islands , and the surrounding coasts. The region is southeast of the Gulf of Mexico and the North American mainland, east of Central America, and north of South America.