Bank Albilad sees 2 negotiated deals worth SAR 137 mln on Tuesday

24/11/2020 Argaam

Bank Albilad saw two negotiated deals on its shares today, Nov. 24, where 5 million shares were privately traded at a negotiated price of SAR 27.50 per share, for a total of SAR 137.5 million.

 

The negotiated deal represents almost 0.67% of the bank's total shares reaching 750 million shares.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not directly impact market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Bank Albilad

27.60

27.50

1074645

29.55

3925355

107.95


 

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