Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Bullboard Posts
Post by forkliftguyon Jun 14, 2015 3:51pm
70 Views
Post# 23829100

Torstar "A" shares vs. Torstar "B" shares

Torstar "A" shares vs. Torstar "B" sharesThe B shareholders of roughly 70 million shares have no vote and therefore no rights whatsoever regarding the running of the company . The A shareholders of roughly 10 million shares have all the votes and therefore run the company . My question would be " Why do the A shareholders care where the B shares trade " ? I understand that both the A and the B get the same dividend . My other question would be " If an A shareholder wanted to sell then what price would be established and to whom would they sell " . Could the A holders sell there shares privately for 25 dollars a share while we B holders are under 6 dollars . I am having trouble understanding how the B shareholders have any rights whatsoever in how the company is run and by whom . I think that is why we are under 6 dollars . If the dividend ever dropped , the B shares would probably take a dive . This is a very bizarre structural setup !
Bullboard Posts