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Tadawul sees 3 negotiated deals worth SAR 23.6 mln on Budget Saudi, Bupa
Tadawul trading screen
Bupa Arabia for Cooperative Insurance Co. witnessed today, March 10, a negotiated deal on its shares, where 50,000 shares were privately traded at a negotiated price of SAR 110,80 per share, totaling SAR 5.55 million.
Meanwhile, United International Transportation Co. (Budget Saudi) saw two negotiated deals, where 450,000 shares were privately traded at a negotiated price of SAR 40 per share, for a total of SAR 18 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 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) |
|
Bupa Arabia |
110.80 |
111.00 |
50,000 |
5.55 |
|
Budget Saudi |
41.55
|
40.00
|
225,000 |
9.00 |
|
225,000 |
9.00 |
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