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Saudi Aramco listed
on December 11, Saudi Aramco was listed on the Saudi Stock Exchange (Tadawul), and the opening limit was up and down
.
This has brought the company's market capitalization to $1.
88 trillion, making it the world's largest company
by market capitalization.
Its IPO set a record for the world's largest IPO, raising $25.
6 billion
by selling a 1.
5% stake in the company.
The company previously said it could trigger a "greenshoe" mechanism to sell more stakes, with the total amount raised expected to reach $29.
4 billion
.