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As a result of the greater demand from participants during the initial offering, Saudi Aramco allowed companies to issue more shares in the public offering. The company said that it has exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering to a record of $29.4 billion.

OPEC Secretary General says OPEC+ Agreement will Endure

As a result of the greater demand from participants during the initial offering, Saudi Aramco allowed companies to issue more shares in the public offering.

The company said that it has exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering to a record of $29.4 billion.

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