In a recent announcement, it was disclosed that Saudi Arabian Oil Company, commonly known as Saudi Aramco, has completed the final allocation of its 1.545 billion shares that were fully marketed. International institutions, which form a part of the institutional tranche, were significant recipients, garnering a stake outside of Saudi Arabia’s borders.
As it stands, the breakdown of Saudi Aramco’s public shareholders is as follows: international institutional investors hold 0.73% of the total issued shares, while domestic institutional investors and retail investors possess 0.89% and 0.76% respectively. The remaining majority share of 97.62% is held by various entities, including the Saudi government.
Institutional investors, both international and domestic, have acquired their shares through the company’s Initial Public Offering (IPO), subsequent offerings, or via purchases on the open market post-IPO. Retail investors, defined as individual shareholders excluding company insiders such as executives and directors, have similarly obtained their shares.
The ‘other shareholdings’ category encompasses a broad spectrum of owners. This includes government-held shares, those owned by government-related entities and subsidiaries, insider shares, and a portion of shares that are retained in the company’s treasury.