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Tenaris Advances USD 700 Million Share Buyback Program
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Tenaris Advances USD 700 Million Share Buyback Program

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An update from Tenaris SA ( (TS) ) is now available.

Tenaris S.A. has announced progress on its USD 700 million Share Buyback Program, initially revealed in November 2024. From December 30, 2024, to January 3, 2025, the company repurchased 853,427 ordinary shares for approximately USD 16.06 million. The company now holds 78,835,337 treasury shares, accounting for 6.78% of the total issued share capital, and plans to cancel these treasury shares in the future.

More about Tenaris SA

Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

YTD Price Performance: 0.0%

Average Trading Volume: 1,459,224

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $22.36B

For detailed information about TS stock, go to TipRanks’ Stock Analysis page.

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