Tenaris Advances Share Buyback with $13M Purchase

Tenaris SA (TS) has released an update.

Tenaris S.A. has reported the purchase of 827,733 ordinary shares for a total of approximately $13 million USD as part of its ongoing Fourth Tranche Share Buyback Program. As of July 26, 2024, Tenaris holds over 52 million shares in treasury, representing 4.5% of its issued share capital, with the intention to cancel these shares eventually. Full transaction details can be found on the Tenaris corporate website.

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