Tadawul sees 2 negotiated deals worth SAR 49.4 mln

04/09/2022 Argaam

Tadawul trading screen


Alinma Bank registered a negotiated deal today, Sept. 4, at a total value of SAR 37 million.

 

Allied Cooperative Insurance Group (ACIG) also recorded a negotiated deal on nearly 883,300 shares, at a total value of SAR 12.4 million. The negotiated deal represented approximately 3% of the total share capital reaching 29.1 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.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

ACIG

15.14

14.00

883310

12.37

Alinma Bank

37.10

37.00

1,000,000

37.00

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