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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

Post by forkliftguyon Jan 30, 2020 3:04pm
149 Views
Post# 30621493

Share Buyback

Share BuybackAs we can all see , Nobody is buying Torstar stock . Not the management who get paid enormous saleries to make this company very profitable , nor the overly paid directors of Torstar .  I personally have had enough . I will not be buying more at any price UNTIL management buys in volume .  That being said , Why doesn't Torstar initiate a share buyback program when the stock is about 2 % of it's all time high .(  30 Dollars to 40 cents )  .  Unlike dividends , the buybacks can be at any time  and the company is not obligated to buyback shares . Just saying that they will have a share buyback of 10 % of it's shares wil help the share price .   O.K.  maybe not the best idea , but at least I am trying to come up with ideas , knowing that I am stuck with this management team.   . 




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