SAUDI ARABIA

Saudi government own 97.62% of Saudi Aramco shares

June 09, 2024

Saudi Gazette report

DHARAN —
The government of the Kingdom of Saudi Arabia and related entities hold 97.62% of the issued shares of Saudi Arabian Oil Company (Saudi Aramco), according to the latest shareholder composition update.

As part of the final allocation of the fully marketed offering of 1.545 billion shares, a significant portion was allocated to institutional investors outside the Kingdom. This allocation leaves international institutional investors with 0.73% of issued shares, domestic institutional investors with 0.89%, and retail investors with 0.76%.

International and domestic institutional investors are comprised of institutions that purchased shares through Saudi Aramco's initial public offering (IPO), subsequent offerings, or through open market purchases since the IPO.

Retail investors include individual investors, such as high-net-worth individuals (excluding executives, directors, and other insiders), who acquired shares via the IPO, offerings, or open market purchases.

The remaining shareholdings include shares owned by the government, shares acquired by or transferred to government-owned entities and subsidiaries (not through the IPO, offerings, or open market purchases), executives, directors, and other insiders, along with 163,758,663 shares held in treasury.


June 09, 2024
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