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Transaction in Own Shares

6th Nov 2018 10:24

RNS Number : 4874G
PAO TMK
06 November 2018
 

 

November 06, 2018

Transactions in own shares

 

PAO "TMK" (TMK or TMK Group), one of the world's leading producers of tubular products for the oil and gas industry, announces the purchases on the open market of the total number of 5,271 depositary receipts(1) (ISIN US87260R2013) on 02 November 2018 at the volume weighted average prices of USD 3.794 per depositary receipt pursuant to the buy-back programme approved by TMK's Board of Directors on September 10, 2018.

The purchases were made by "Volzhsky Pipe Plant" Joint stock company, a wholly-owned subsidiary of the Company.

 

The breakdown of the purchases is provided in the table below.

Transaction date

Volume

Volume weighted average price

Trading Venue

02.11.2018

5,271

USD 3.794

OTC

 

(1) One depository receipt represents four ordinary shares of PAO "TMK".

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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