Tadawul Tower, Financial Street 2, Al Aqeeq District, Municipality of Al Shamal, Riyadh, Riyadh governorate, Riyadh Region, 13519, Saudi Arabia
Saudi Aramco
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins84% CONFIDENCEOverall confidence: 84%How well the pin's source and references back up its dates.Weighted average of how firmly 6 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterReuters (11 Dec 2019) reports Aramco shares surged 10% on their Riyadh debut on Wednesday, valuing it at about US$1.88 trillion; The Guardian[5] (11 Dec 2019) and Wikipedia[2][3][4] agree on 11 December. The offering itself was priced on 4 December (CNN[6]); the pin is dated to the listing day.
Saudi Aramco began trading on Riyadh's Tadawul on 11 December 2019, jumping the 10% daily limit to a value of about US$1.88 trillion, the biggest listed company in the world. Its US$25.6 billion share sale, priced a week earlier, was the largest IPO on record, ahead of Alibaba's 2014 offering.
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