Dar Al Arkan sees negotiated deal worth SAR 199.5 mln on Tuesday

05/07/2022 Argaam

Tadawul trading screen

Dar Al Arkan Real Estate Development Co. saw a negotiated deal on its shares today, July 5, where 19 million shares were privately traded at a negotiated price of SAR 10.50 per share, for a total of SAR 199.5 million.

 

The deal included about 1.8% of the company's total 1.08 billion 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 impact directly on market price.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Dar Al Arkan

11.00

10.50

19000000

199.50

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