Viking is now a public company, completing an initial public offering that exceeded expectations.
The cruise company had projected that the IPO would be in the range of $21 to $25 per share, and Viking ended up at the high end of that range -- $24 per share.
Also, the number of shares in the offering was increased from the original 44 million. As expected, Viking sold 11 million shares, raising $264 million. Existing investors, however, sold approximately 53 million shares, 20 million more than anticipated.
Together, Viking and its investors raised about $1.54 billion. The company is valued at nearly $11 billion.
Viking, which is trading on the New York Stock Exchange under the ticker symbol VIK, ended trading on Thursday at $27 per share.
Viking chairman, CEO and founder Torstein Hagen said the company's debut as a public company was a historic moment for Viking.
"Now, as one of the world's leading travel companies, we are capitalizing on significant opportunities ahead to meet increasing demand for culturally enriching experiences and our guests' desire to explore the world," he said.