Viking Holdings Ltd (NYSE: VIK) sees $1B shareholder sale planned
Rhea-AI Filing Summary
Viking Holdings Ltd (VIK) is the issuer of Ordinary Shares, $0.01 par value per share, for which CPP Investment Board PMI-3 Inc. has filed a notice of proposed sale under Rule 144. The filing lists 11,244,744 Ordinary Shares proposed to be sold through BofA Securities, Inc., with an aggregate market value of $1,043,399,795.76, and states that 318,867,000 Ordinary Shares were outstanding. The shares were acquired on 05/03/2024 through an automatic conversion of preference shares of Viking Holdings Ltd into Ordinary Shares.
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Key Figures
Number of Ordinary Shares to be sold: 11,244,744 shares
Aggregate market value of shares to be sold: $1,043,399,795.76
Shares outstanding: 318,867,000 shares
+3 more
6 metrics
Number of Ordinary Shares to be sold
11,244,744 shares
Proposed sale of Viking Holdings Ltd Ordinary Shares under Rule 144
Aggregate market value of shares to be sold
$1,043,399,795.76
Value of 11,244,744 Ordinary Shares proposed to be sold
Shares outstanding
318,867,000 shares
Ordinary Shares of Viking Holdings Ltd stated as outstanding
Shares acquired via conversion
92,133,600 shares
Ordinary Shares acquired on 05/03/2024 upon automatic conversion of preference shares
Approximate date of sale
08/24/2026
Planned date for proposed Rule 144 sale
Date of acquisition
05/03/2024
Acquisition date for Ordinary Shares via conversion of preference shares
Key Terms
Rule 144, aggregate market value, automatic conversion, preference shares, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"11244744 | 1043399795.76 | 318867000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
automatic conversion financial
"The Ordinary Shares reported herein were acquired upon the automatic conversion of preference"
par value financial
"Ordinary Shares, $0.01 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
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AI-generated analysis. How Rhea-AI works. Not financial advice.