ACWA Power sees 3 negotiated deals worth SAR 8.6 mln on Monday

11/10/2021 Argaam

Tadawul trading screen


International Company for Power and Water Projects (ACWA Power) saw three negotiated deals on its shares today, Oct. 11, worth SAR 8.6 million.

 

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

 

Key Facts

Company

Market Price (SAR)

Negotiated Price (SAR)

Shares Traded

Value (SAR mln)

ACWA Power

72.80

72.80

86783

6.32

15746

1.15

15746

1.15

 

According to data compiled by Argaam, ACWA Power was debuted on the Saudi Exchange (Tadawul) today, Oct. 11, under the energy sector.

 

The company floated an 11.1% stake, or 81.2 million shares, at SAR 56 each, in an initial public offering (IPO).

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