Jazan Energy and Development Co. (JAZADCO) saw a negotiated deal on its shares today, Jan. 28, 2021, where 1.5 million shares (3% of total 50 million shares) were privately traded at a negotiated price of SAR 19 per share, for a total of SAR 28.5 million.
Details |
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Company |
Market Price |
Negotiated Price |
Shares Traded |
Value |
JAZADCO |
19.02 |
19.00 |
1,500,000 |
28.50 |
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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