Tadawul sees OTC deals on 234 Saudi Cable shares

28/02/2024 Argaam

Saudi Cable Co. saw, on Feb. 27, two over-the-counter (OTC) deals on around 234 shares.

 

OTC transactions details

Transaction date

Volume (shares)

Feb. 27, 2024

196

38

 

According to data compiled by Argaam, 74,200 shares, or 1.1% of the company’s share capital amounting to 6.7 million shares, have been traded in OTC deals on Saudi Cable since Tadawul approved the company's request to trade its shares over the counter on August 23, 2023.

 

Trading of Saudi Cable shares was suspended on May 9, 2022, due to the delay in publishing annual financial statements for the year ended 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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