PAO TMK (MISX:TRMK) made an offer to acquire remaining 2.3679% shares in Public Joint Stock Company Chelyabinsk Pipe Plant (MISX:CHEP) for RUB 2.3 billion on August 12, 2021. PAO TMK will acquire remaining stake at RUB 318.26 per share. The register of owners of the shares that are subject to the buyback will be closed on September 27. PAO TMK stake in Public Joint Stock Company Chelyabinsk Pipe Plant will increase from 97.6321% to 100%.

PAO TMK (MISX:TRMK) completed the acquisition of remaining 2.3679% shares in Public Joint Stock Company Chelyabinsk Pipe Plant (MISX:CHEP) on October 22, 2021. PAO TMK acquired the remaining stake at RUB 18.26 per share.