Tadawul sees 2 OTC deals on 826 Saudi Cable shares

03/10/2023 Argaam

Tadawul sees 2 OTC deals on 826 Saudi Cable shares

Logo of Saudi Cable

Saudi Cable Co. saw on Monday, Oct. 2, two over-the-counter (OTC) deals on around 826 shares.          

                                                       

OTC transaction details

Transaction date

Volume (shares)

Oct. 2, 2023

540

286

 

According to the data compiled by Argaam, these are the first OTC deals on Saudi Cable after Tadawul’s approval on Aug. 23 on a request from the company to trade its shares over the counter.

 

Trading of Saudi Cable shares was suspended on May 9, 2022, due to the delay in publishing annual financial statements for the year ending on Dec. 31, 2021. This suspension continued due to the delay in publishing financials for the following periods as well.

 

The company's shares closed at SAR 57.20 in the last trading session.

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