Tadawul sees 2 negotiated deals worth SAR 13 mln on Luberef

29/12/2022 Argaam
Tadawul trading screen

Tadawul trading screen

The Saudi Exchange (Tadawul) witnessed today, Dec. 29, two negotiated deals worth SAR 13 million on Saudi Aramco Base Oil Co. (Luberef).

 

According to data compiled by Argaam, Luberef started trading on Dec. 28.

 

The company offered 29.66% of its capital, or 50.045 million shares, at SAR 99 per share.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Luberef

95.10

99.00

56394

5.58

 

75193

7.44

 
 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.

 

The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.

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