Saudi Aramco deposits proceeds to shareholders from sale of fractional shares

Saudi Arabian Oil Company (Saudi Aramco) announced the distribution of proceeds, to eligible shareholders, from the sale of fractional shares in connection with the Company’s issuance of one bonus share for every ten shares held by shareholders, as approved by the extraordinary general assembly (first meeting) held on Monday corresponding to 8 May 2023.

The company stated on Monday on Tadawul that the number of sold shares is 387850, fractional shares sales revenue is 12,992,975, with an average selling price per share of SAR 33.50

The proceeds from the sale of the fractional shares will be deposited to eligible investors’ bank accounts, linked to their investment portfolios.

If the due amounts are not received after the deposit date, or there are any other inquiries regarding the amounts of the selling of fractional shares, please contact Investor Relations Department using the following link

https://www.aramco.com/en/investors/ir-contact-form