Dar Al Arkan Real Estate Development Co. saw two negotiated deals on its stock today, where 2.35 million shares were privately traded at a negotiated price of SAR 9.22 per share against an official price of SAR 8.57.
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) |
|
Dar Al Arkan |
8.57 |
9.22 |
350,000 |
3.23 |
|
2,000,000 |
18.44 |
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