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A comment on Naked shorting: The curious incident of the shares that didn't exist (2005). Parent comment

Re:Naked shorting: The curious incident of the shares that d... by rblatz on Monday February 01, 2021 @12:53AM (#25985969)
But with all the hassle of reporting earnings and being publicly traded it would have surely been cheaper for the company to buy back those shares.
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Re:Naked shorting: The curious incident of the shares that d... by sn_master on Monday February 01, 2021 @07:22AM (#25988027)
Not always. Saudi Aramco went public with only 1.5% of their value, and that was 25 Billion dollars, a good amount by any measure, specially useful when you need $$$ for weapons for your war in Yemen.

Besides the money, they also wanted to test the waters before going in with a larger percentage and I don't know if the market could have handled a new 1.7 Trillion dollar company joining all at once.

https://www.investopedia.com/what-is-saudi-aramco-4682590

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