Gulf Union Alahlia sees negotiated deal worth SAR 22.3 mln on 4.9% of total shares

13/07/2022 Argaam
Tadawul trading screen

Tadawul trading screen

Gulf Union Alahlia Cooperative Insurance Co. saw a negotiated deal on its shares today, July 13, where 2.2 million shares were privately traded for SAR 22.3 million.

 

The deal represented 4.9% of the insurer’s total shares of 45.9 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 impact directly on market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Gulf Union Alahlia

8.98

10.00

2,227,000

22.27

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