Saudi Automotive Services Co. (SASCO) saw a negotiated deal on its stock today, where 2.7 million shares were privately traded at a negotiated price of SAR 16.68 per share against an official price of SAR 16.88.
The number of shares traded in today’s negotiated deal represents 4.5 percent of the company’s total shares of 60 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) |
|
SASCO |
16.88 |
16.68 |
2,700,000 |
45.04 |
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