Tadawul trading screen
Gulf Union Alahlia Cooperative Insurance Co. saw a negotiated deal on its shares today, July 13, where 2.2 million shares were privately traded for SAR 22.3 million.
The deal represented 4.9% of the insurer’s total shares of 45.9 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 impact directly on market price.
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Key Facts |
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Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Gulf Union Alahlia |
8.98 |
10.00 |
2,227,000 |
22.27 |
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