Logo of Elm Co.
Elm Co. registered a negotiated deal today, Feb. 16, where over 51,176 shares were privately traded for SAR 8.52 million.
Shares of Elm began trading on the Saudi Exchange (Tadawul) today, Feb. 16, Argaam reported. The company floated 24 million shares at SAR 128 per share.
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) |
|
Elm |
166.40 |
166.40 |
51,176 |
8.52 |
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