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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 pennylane101on Feb 29, 2020 11:17am
110 Views
Post# 30750897

RE:RE:Delisting of stock ????

RE:RE:Delisting of stock ????On an average day, most Torstar shares have been trading in alternative markets rather than the TXS.  This is a trader preference, I guess?. I don't know if the non-voting status of Torstar Class B shares has anything to do with it, but Postmedia shares usually trade 100 or 500 shares average per week, if that.  Torstar management may decide to stop paying the TSX listing fees to save money?  Surely they could find better ways to save cash...  This whole thing is bizarre.
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