Tenaris S.A. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated May 27, 2004, reports on the Annual General Shareholders Meeting held on May 26, 2004. Tenaris S.A. is a leading global manufacturer of seamless steel pipe products and provider of pipe handling services to the oil and gas industries, with facilities in Argentina, Brazil, Canada, Italy, Japan, Mexico, and Venezuela.
Key Financial Metrics
- Dividend Payment: US$0.1144 per share (US$1.144 per ADS), totaling US$135 million.
- Payment Date: June 14, 2004.
- Ex-Dividend Date: June 9, 2004.
- Revenue, Profit, and Cash Flow: The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the 2003 fiscal year, though the 2003 annual report and accounts were approved by shareholders.
Material Changes
The filing confirms the approval of the 2003 annual report and accounts. No specific comparative financial changes versus the prior period are detailed in this document.
Management Commentary and Corporate Actions
- Board of Directors: Current members were re-elected to serve until the next annual meeting in May 2005.
- Auditors: PricewaterhouseCoopers S.a.r.l. was re-appointed as auditors for the 2004 fiscal year.
- Outlook: The filing does not contain specific forward-looking guidance or risk factors beyond the standard business description.
Key Facts for Investor Verification
- Verify the ex-dividend date of June 9, 2004, to ensure eligibility for the US$135 million dividend distribution.
- Confirm the re-election of the current board of directors and the appointment of PricewaterhouseCoopers as the 2004 auditor.
- Review the full 2003 annual report and accounts (approved but not detailed in this filing) for comprehensive financial performance data.