Bank Albilad saw two negotiated deals on its shares today, Nov. 24, where 5 million shares were privately traded at a negotiated price of SAR 27.50 per share, for a total of SAR 137.5 million.
The negotiated deal represents almost 0.67% of the bank's total shares reaching 750 million shares.
A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not directly impact market price.
Key Facts |
||||
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
Bank Albilad |
27.60 |
27.50 |
1074645 |
29.55 |
3925355 |
107.95 |
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