Tadawul screen
Yanbu Cement Co. saw a negotiated deal on its shares today, Feb. 1, where approximately 80,000 shares were privately traded at a negotiated price of SAR 48.40 per share, for a total of SAR 3.9 million.
Meanwhile, Jazan Energy and Development Co. (JAZADCO) saw a negotiated deal, where almost 1.85 million shares were privately traded at a negotiated price of SAR 19.50 per share, at a total value of SAR 36 million.
The deal represents around 3.7% of the company's capital reaching 50 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 directly impact market price.
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Key Facts |
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Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Yanbu Cement |
47.40 |
48.40 |
80,000 |
3.87 |
|
JAZADCO |
19.54 |
19.50 |
1,845,000 |
35.98 |
According to data compiled by Argaam, JAZADCO has witnessed several negotiated deals since Dec. 29, 2020, where nearly 5.46 million shares were traded at a total value of SAR 99.8 million. The deals represent 10.9% of the company's total shares.
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