AI Summary
Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed today, Sept. 15, nine negotiated deals worth SAR 2.52 billion on as many as 57.33 million shares of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail).
The deals represented about 49.95% of the company’s total 114.77 million shares, as shown below:
|
Details |
||||
|
Company |
Stock Price |
Negotiated Price (SAR) |
Shares Traded |
Deal Value |
|
Cenomi Retail |
26.08 |
44.00 |
18,371,551 |
808.35 |
|
15,477,205 |
681.00 |
|||
|
7,283,455 |
320.47 |
|||
|
4,367,713 |
192.18 |
|||
|
4,098,801 |
180.35 |
|||
|
3,749,748 |
164.99 |
|||
|
1,884,901 |
82.94 |
|||
|
1,092,467 |
48.07 |
|||
|
1,000,000 |
44.00 |
|||
For more details on negotiated deals
According to data compiled by Argaam, Cenomi Retail received last July a notice from major shareholders FawazAlhokair, Abdul Majeed Alhokair, Salman Alhokair, Saudi FAS Holding Co., and FAS Real Estate Co., the selling shareholders, regarding a share purchase agreement with Al-Futtaim Retail.
Under the agreement, the selling shareholders agreed to sell about 57.33 million shares, representing 49.95% of Cenomi Retail’s capital, to Al-Futtaim Retail through a private acquisition deal valued at SAR 2.52 billion, or SAR 44 per share.
A negotiated deal involves a stock purchase based on an agreement between buyers and sellers, apart from the market price. The negotiated deal is executed under the control of Tadawul and in adherence to the relevant capital market laws and regulations.
The negotiated deal does not directly impact the last deal price, highest/lowest stock price, opening/closing price, or market/sector indices.
Be the first to comment
Comments Analysis: