Rabigh Refining & Petrochemical Co. (Petro Rabigh) saw a negotiated deal on its stock today, where 100,000 shares were privately traded at a negotiated price of SAR 19.04 per share against an official price of SAR 19.26.
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) |
Petro Rabigh |
19.26 |
19.04 |
100,000 |
1.90 |
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