Allocation of Petro Rabigh shares

  • November 22, 2023 1:55 AM EST


    Allocation of Petro Rabigh shares
    The company allocated all shares to those who subscribed, allocating 40 shares or less, and those who subscribed for 50 shares were allocated 41 shares. Thus, the number of subscribers to the company reached 5.4 million subscribers,سبب نزول سهم بترو رابغ
     who paid 16 billion riyals in the shares that were subscribed to, and the participating financial institutions. In the IPO, it paid 6.8 billion riyals, so the company allocated 25% of the shares offered to it, and this helped increase the percentage of subscribers to the company by a large percentage.