Chubb Arabia sees 2 negotiated deals worth SAR 70 mln on Monday
22/11/2021
Argaam
Chubb Arabia Cooperative Insurance Co. saw two negotiated deals on its shares today, Nov. 22, where two million shares were privately traded for SAR 70 million.
The deals represent 6.7% of the total company’s shares standing at 30 million shares.
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 |
||||
|
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Chubb Arabia |
35.50 |
35.00 |
1,000,000 |
35.00 |
|
1,000,000 |
35.00 |
|||
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
CHUBB
18.58
(0.09)
(0.48%)
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