Saudi Investment Bank (SAIB) saw two negotiated deals on its stock today, where 43.33 million shares were privately traded at a negotiated price of SAR 15.54 per share against an official price of SAR 17.36.
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) |
|
SAIB |
17.36 |
15.54 |
16,000,000 |
248.64 |
|
27,327,514 |
424.67 |
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