‎Tadawul sees 3 negotiated deals worth SAR 339.1 mln on Dar Al Arkan, Theeb

‎Tadawul sees 3 negotiated deals worth SAR 339.1 mln on Dar Al Arkan, Theeb

The Saudi Exchange (Tadawul) witnessed today, April 6, three negotiated deals worth SAR 339.1 million on the shares of Dar Al Arkan Real Estate Development and Theeb Rent a Car Co.

The deals executed on Dar Al Arkan represented nearly 1.96% of the company’s 1.08 billion shares.

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.