Key Insights
01
The IPO raised $25.6 billion, making it the world's largest IPO at the time.
02
The offering was priced at 32 riyals ($8.53) per share, valuing the company at $1.7 trillion.
03
1.5% of shares were listed on the Saudi Stock Exchange.
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AI Analysis
Medium Risk
The IPO was a significant event in Saudi Arabia's economic diversification efforts, raising $25.6 billion and valuing the company at $1.7 trillion. Th...
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Market Outlook
Short-Term
The IPO raised $25.6 billion, making it the world's largest IPO at the time.
Long-Term
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Affected Sectors
Oil and GasFinanceEnergy
Recent News
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