Samba sees 2 negotiated deals worth SAR 21.7 mln today

26/01/2021 Argaam

Samba Financial Group (Samba) saw two negotiated deals on its shares today, Jan. 26, 2021, where 700,000 shares were privately traded at a negotiated price of SAR 31.05 per share, for a total of SAR 21.7 million.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Samba

31.00

31.05

350000

10.87

350000

10.87
 

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, according to Saudi Stock Exchange (Tadawul).

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