- Where can I find the latest TMK production and financial information?
All production and financial information is available online in our press release section, you can access this information here. Should you not find what you’re looking for, please contact Alexei Ratnikov at IR@tmk-group.com or Alexei Sotskov at PR@tmk-group.com
- How can I receive a copy of TMK’s latest annual report?
At present, ten banks are covering TMK; you can access a detailed list here.
- What is the shareholder structure of TMK?
Free-float: 22.98% GDRs of OAO “TMK” 19.1% Shares of OAO “TMK” 3.88%
- On which stock exchange is TMK listed?
TMK shares are listed in London and in Moscow on the RTS and MICEX.
- What are the differences between TMK GDRs and TMK ordinary shares?
TMK GDRs are listed on the London Stock Exchange under the TMKS symbol. Each GDR represents 1/4th of an ordinary share (4 Ordinary Shares = 1 GDR). Our ordinary shares are listed on the Russian Trading System and the Moscow Interbank Currency Exchange under the same TRMK ticker symbol.
- Does TMK prepare its accounts according to Russian or International accounting standards (IFRS)?
TMK subsidiaries maintain their accounting records in their local currency and prepare their statutory financial statements in accordance with the Regulations on Accounting and Reporting of the country in which they operate. The consolidated financial statements are based on the statutory accounting records, with adjustments and reclassifications for the purpose of fair presentation in compliance with IFRS. The principal adjustments relate to (1) expense and revenue recognition, (2) valuation of unrecoverable assets, (3) depreciation and valuation of property, plant and equipment, (4) accounting for income taxes, (5) use of fair values, (6) business combinations and (7) translation to the presentation currency.
- When was the TMK IPO?
Trading of TMK GDRs on the London Stock Exchange and of ordinary shares on the RTS began in November 2006. TMK shares were accepted for trading on the MICEX in April 2007. Through its IPO in London and Moscow, TMK raised more than US$1 billion. Strong demand saw the company’s initial public offering oversubscribed 19 times.
- Does TMK have a stock options programme?
On March 2, 2007, TMK adopted a share options programme. Under this programme, the members of the Board of Directors, senior executives and certain employees are granted options to acquire shares in the Company. TMK believes that developing management incentive and remuneration practices through a Stock Option Programme while implementing a KPI (key performance indicators) based performance evaluation of management allows the company to remain best-in-class and encourages solid long-term growth strategies.
- Where can I get information on TMK share performance?
You can view current share prices as well as access charts by going to our quotes page.
- How can I buy TMK shares? Does TMK sell shares directly to the public?
It’s not possible to buy shares directly from TMK; you should contact your stockbroker.
- What is the par value of TMK shares?
As of 31 December, 2007 TMK's share capital consisted of 873,001,000 registered ordinary shares, fully paid, issued and outstanding, with a par value of RUB 10 each. All TMK shares are registered ordinary shares.
- Does TMK pay dividends?
TMK’s policy is to pay dividends amounting to at least 25% of its annual IFRS consolidated net profits
- Who should I contact if I want like to change the information on my TMK depository receipts?
If you have questions concerning your TMK depository receipts you should contact the Bank of New York Mellon
