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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

Comment by Greybeard1on Dec 03, 2017 12:28pm
112 Views
Post# 27080503

RE:RE:Rock solid dividend?

RE:RE:Rock solid dividend?Just saw this on the Internet about recent sellers which suggests the seller was not Power Corp.even thought the number of shares lines up:

Updated Tuesday Nov 14, 2017 02:26 AM EDT
Fairfax Financial Holdings Limited, a 10% Holder, acquired 195,770 Non-Voting Shares Class B on an indirect ownership basis for registered holder Fairfax Financial Holdings Limited Master Trust, 200,000 Non-Voting Shares Class B on an indirect ownership basis for registered holder Federated Insurance Company of Canada, 1,241,517 Non-Voting Shares Class B on an indirect ownership basis for registered holder Northbridge General Insurance Corporation, 200,000 Non-Voting Shares Class B on an indirect ownership basis for registered holder Northbridge Personal Insurance Corporation, 3,800,000 Non-Voting Shares Class B on an indirect ownership basis for registered holder Odyssey Reinsurance Company, and 3,800,000 Non-Voting Shares Class B on an indirect ownership basis for registered holder United States Fire Insurance Company, all at a price of $1.250 through a private transaction on November 9th, 2017. This represents a $11,796,609 investment into the company's shares and an account share holdings change of 48.5%.
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