03.01.2020
Finances
TMK closed sale of 100% of Ipsco Tubulars Inc. shares to Tenaris
PAO TMK announces that it has closed the sale of 100% of the shares of IPSCO Tubulars Inc. to Tenaris.
PAO TMK announces that it has closed the sale of 100% of the shares of IPSCO Tubulars Inc. to Tenaris.
PAO TMK has confirmed its status as a leader in the field of sustainable development and social effectiveness among Russian companies. In 2019, TMK attained leading positions in rankings for best corporate practices in Responsibility and Transparency, and Sustainable Development assigned by the Russian Union of Industrialists and Entrepreneurs, or RSPP. AK&M Analytical Information Agency placed TMK in top position in its annual rating for social effectiveness among Russian metals and mining companies.
December 18, 2019 – PAO TMK announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2019 and nine months ended September 30, 2019.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the third quarter and nine months of 2019.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the six months ended June 30, 2019.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the second quarter and first half of 2019.
TMK today announces decisions taken by the Board of Directors at a meeting held on June 21, 2019.
TMK announces that the Annual General Meeting of Shareholders (AGM) was held in Yekaterinburg, Russia, on June 20, 2019.
PJSC TMK (TMK) and PJSC NOVATEK (NOVATEK) signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Leonid Mikhelson, Chairman of NOVATEK’s Management Board signed the document.
TMK has been a recurring partner in organizing the St. Petersburg International Economic Forum.
TMK and the National Petroleum Company of Congo (Société Nationale des Pétroles du Congo, SNPC) signed a Memorandum of Understanding today.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for three months ended March 31, 2019.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the first quarter of 2019.
March 22, 2019 – PAO TMK announces that it has signed the Stock Purchase Agreement with Tenaris, a manufacturer of seamless and welded pipe, for the sale of 100% of the shares of IPSCO Tubulars Inc. for an aggregate, cash free, debt-free price of US$ 1,209 million, which includes $270 million of working capital. The completion of the transaction is subject to the fulfillment of the conditions precedent in accordance with the Stock Purchase Agreement including, inter alia, the obtaining of all necessary permissions and approvals.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, hosted Capital Markets Day in Moscow today.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2018.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the fourth quarter and twelve months of 2018.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2018 and nine months ended September 30, 2018.
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces that it has decided to re-schedule its Capital Market Day from 27 November 2018, as previously announced, to March 2019. The new date for the event will be announced at a later time.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announced the opening of its new external coating facility at TMK IPSCO’s Wilder facility in North America today.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the third quarter and nine months of 2018.
Today TMK held the opening ceremony of the Horizons International Corporate Forum in Sochi. Over 40 delegations and 770 participants from all of the company’s Russian and international divisions are participating this year, as well as representatives of Sinara Group.
PAO TMK (TMK or TMK Group), one of the world’s leading producers of tubular products for the oil and gas industry, announces that following the approval of the open market share buyback program (the “Buyback Program”) by TMK’s Board of Directors, for these purposes TMK will engage VTB Capital Broker.
PAO TMK (TMK or TMK Group), one of the world’s leading producers of tubular products for the oil and gas industry, announces that TMK’s Board of Directors at its meeting held on September 10, 2018, approved a program to repurchase the Company’s shares including depositary receipts (GDRs) representing such shares in the open market (the “Buyback Program”) for an aggregate amount of up to $30 million. The Buyback Program is to be carried out in 2018–2019.