Dar Al Arkan Real Estate Development Co. saw a negotiated deal on its stock today, where 3.5 million shares were privately traded at a negotiated price of SAR 10.90 per share against an official price of SAR 10.82.
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) |
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Dar Al Arkan |
10.82 |
10.90 |
3,500,000 |
38.15 |
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