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Transaction in Own Shares

28th Oct 2019 14:40

RNS Number : 3527R
PAO TMK
28 October 2019
 

 

October 28, 2019

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 159,319 depositary receipts(1) (ISIN US87260R2013) during the period from 23 October 2019 to 25 October 2019 at the volume weighted average price of RUB 199.4 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

23.10.2019

5,958

USD 3.1136

OTC

24.10.2019

5,189

USD 3.1792

OTC

24.10.2019

8,570

RUB 203.914

OTC

25.10.2019

139,602

RUB 199.050

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.
 
END
 
 
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