‎Tadawul: Dar Al Arkan sees negotiated deal worth SAR 476 mln

‎Tadawul: Dar Al Arkan sees negotiated deal worth SAR 476 mln

The Saudi Exchange (Tadawul) witnessed a negotiated deal today, March 15, on Saudi Arabian Mining Co. (Maaden), at a total value of SAR 12.4 million, with nearly 200,000 shares traded.

Meanwhile, a negotiated deal worth SAR 476 million was executed on Dar Al Arkan Real Estate Development Co., at a total value of SAR 476 million. The deal represents 3.1% of the company’s 1.08 billion share capital.

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.

The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.