Saudi Aramco saw a negotiated deal on its shares today, Jan. 21, where 150,000 shares were privately traded at a total negotiated price of SAR 34.85 per share, for a total of SAR 5.23 million.
Jazan Energy and Development Co. (JAZADCO) also saw a negotiated deal on nearly 930,000 of its shares, for a total of SAR 17.2 million. The negotiated deal was executed on 1.86% of the company’s share capital amounting to 50 million shares.
On Tuesday, JAZADCO saw two negotiated deals on 1.89 million shares, or 3.78% of total share capital, totaling SAR 35 million.
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) |
|
|
Saudi Aramco |
34.85 |
34.85 |
150,000 |
5.23 |
|
|
JAZADCO |
18.34 |
18.50 |
930,000 |
17.21 |
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