Saudi Arabia poised to price Aramco shares at $7.27/piece, sources say-March 2024-www.financetom.com

Saudi Arabia poised to price Aramco shares at $7.27/piece, sources say

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Saudi Arabia poised to price Aramco shares at $7.27/piece, sources say

Jun 6, 2024 10:36 PM

DUBAI, June 7 (Reuters) - Saudi Arabia is poised to

price shares in the offering of its state oil giant Aramco

at 27.25 Riyals ($7.27) a piece, people familiar with

the matter told Reuters on Friday.

Aramco's book was covered 4-5 times at the bottom of the

price range, one person said.

($1 = 3.7504 riyals)

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