TENARIS SA | CIK:0001190723 | 3

  • Filed: 4/30/2018
  • Entity registrant name: TENARIS SA (CIK: 0001190723)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1190723/000117184318003182/0001171843-18-003182-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1190723/000117184318003182/ts-20171231.xml
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  • ifrs-full:DisclosureOfDividendsExplanatory

    9
    Dividends distribution
     
    On
    November 1, 2017,
    the Company’s Board of Directors approved the payment of an interim dividend of
    $0.13
    per share (
    $0.26
    per ADS), or approximately
    $153
    million, paid on
    November 22, 2017,
    with an ex-dividend date of
    November 20, 2017.
     
    On
    May 3, 2017,
    the Company’s Shareholders approved an annual dividend in the amount of
    $0.41
    per share (
    $0.82
    per ADS). The amount approved included the interim dividend previously paid in
    November 23, 2016
    in the amount of
    $0.13
    per share (
    $0.26
    per ADS). The balance, amounting to
    $0.28
    per share (
    $0.56
    per ADS), was paid on
    May 24, 2017.
    In the aggregate, the interim dividend paid in
    November 2016
    and the balance paid in
    May 2017
    amounted to approximately
    $484.0
    million
     
    On
    May 4, 2016
    the Company’s Shareholders approved an annual dividend in the amount of
    $0.45
    per share (
    $0.90
    per ADS). The amount approved included the interim dividend previously paid in
    November 25, 2015
    in the amount of
    $0.15
    per share (
    $0.30
    per ADS). The balance, amounting to
    $0.30
    per share (
    $0.60
    per ADS), was paid on
    May 25, 2016.
    In the aggregate, the interim dividend paid in
    November 2015
    and the balance paid in
    May 2016
    amounted to approximately
    $531.2
    million.
     
    On
    May 6, 2015
    the Company’s Shareholders approved an annual dividend in the amount of
    $0.45
    per share (
    $0.90
    per ADS). The amount approved included the interim dividend previously paid in
    November 27, 2014
    in the amount of
    $0.15
    per share (
    $0.30
    per ADS). The balance, amounting to
    $0.30
    per share (
    $0.60
    per ADS), was paid on
    May 20, 2015.
    In the aggregate, the interim dividend paid in
    November 2014
    and the balance paid in
    May 2015
    amounted to approximately
    $531.2
    million.