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COMMON STOCK AND DIVIDENDS (Tables)
 12 Months Ended
Dec. 31, 2018
COMMON STOCK AND DIVIDENDS [Abstract]  
Common Stock
As of December 31, 2018, TGS’ common stock was as follows:

  
Amount of common stock, subscribed, issued, paid in, and authorized for
public offer
 
Common Shares Class
(Face value $ 1, 1 vote)
 
Outstanding shares
  
Treasury Shares
  
Common Stock
 
Class “A”
  
405,192,594
   
-
   
405,192,594
 
Class “B”
  
375,701,909
   
13,600,780
   
389,302,689
 
Total
  
780,894,503
   
13,600,780
   
794,495,283
 
Dividends Distribution
Under the powers delegated by the Shareholders’ Meeting held on April 10, 2018, the Board of Directors ordered the payment of the following cash dividends:

Approval date
 
Amount
  
Amount per
share
 
07/06/2018
  
1,125,562
   
1.4167
 
08/08/2018
  
1,449,300
   
1.8242
 
09/06/2018
  
1,754,326
   
2.2081