Obeikan Glass, Academy of Learning see SAR 23.5M negotiated deals

18/04/2024 Argaam
Nomutrading screen

Nomu trading screen 


The Nomu-Parallel Market saw today, April 18, two negotiated deals worth SAR 23.5 million on shares of Obeikan Glass Co. and Academy of Learning Co.

 

One negotiated deal worth SAR 22.5 million was executed on about 2.4 million shares of Academy of Learning, representing nearly 4% of the company’s 60 million share capital.

 

Details

Company

Stock Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Deal Value
(SAR mln)

Academy of Learning

9.39

9.39

2,400,000

22.54

Obeikan Glass

35.80

35.80

25,751

0.92

 

For more details on negotiated deals

 

A negotiated deal involves a stock purchase based on an agreement between buyers and sellers, apart from the market price. The negotiated deal is executed under the control of Tadawul and relevant capital market laws and regulations.

 

In addition, negotiated deals do not affect the last deal price, the highest/lowest stock price, the opening/closing price, or market/sector indices. 

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