Saudi PIF offers 100 mln shares in STC secondary public offer

Monday 6 December 2021 | 08:38 CET | News
Saudi Arabia's Public Investment Fund and STC announced the launch of a secondary public offering of STC's ordinary shares. The offering comprises 100.2 million shares in STC at a price range of SAR 100 to SAR 116 per share, representing 5.01 percent of its share capital, the fund said in a statement. A total of 10.02 million shares, or 10 percent of the offer, will be allocated to retail subscribers.

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Categories: General
Companies: STC
Countries: Saudi Arabia
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