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Transaction in Own Shares

10th Dec 2018 12:50

RNS Number : 9938J
PAO TMK
10 December 2018
 

 

December 10, 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 22,950 depositary receipts(1) (ISIN US87260R2013) during the period from 5 December 2018 to 7 December 2018 at the volume weighted average price of RUB 224.498 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

05.12.2018

4,300

RUB 226.948

OTC

06.12.2018

8,000

RUB 225.772

OTC

07.12.2018

10,650

RUB 222.552

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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