Aramco Overseas exits S-Oil stake, voting rights drop to 0% from 63.45%

Bitget2026/10/02 05:09

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Aramco Overseas exited its stake in S-Oil on Oct. 1, 2026, cutting ownership to 0 shares from 71,435,738.
The holding fell to 0.00% from 63.45% following an off-market sale to Aramco Downstream Asia.
The disposal covered 71,387,560 common shares, 351,502 preferred shares; consideration USD 9.387 billion; implied price USD 131 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S-Oil Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261002000244), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Aramco Overseas exits S-Oil stake, voting rights drop to 0% from 63.45%

You may also like

Crypto prices