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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 teddybear1111on Nov 13, 2019 5:17pm
211 Views
Post# 30347544

RE:RE:Whats going on ?

RE:RE:Whats going on ?Hello Media,
re: ..." I do not believe there are any undisclosed financial obligations weighing down the share value."

I am always concerned with the Long Tails of any acturarial Pension obligations. 
The recent pending CAAT merger has not explained if there are to be any " top ups " by Torstar.
Maybe there aren't any!  ( Maybe our CAAT expert, Director Samji, could shed some light? )

The Defined Benefit Pensions, of Senior Management, seem to be not included; as it is not a Registered Plan:  ... " (c) the administration of Torstar’s defined contribution pension plans and group RRSP/DPSPs (collectively, the “DC-type Plans” ) " ...

Are these potential obligations; or are they: Not Material?
...  maybe Junior has an Opinion :) :)   ...  GLTA


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