Tenaris SA (TS) has released an update.
Tenaris S.A. has reported the purchase of 1,568,756 ordinary shares for a total of €21,451,148 (USD 23,285,671) as part of its ongoing Share Buyback Program. As of August 2, 2024, Tenaris holds 4.6% of its issued share capital in treasury and plans to cancel these shares in the future. The activity is part of the company’s efforts to enhance shareholder value and is detailed on their corporate website.
For further insights into TS stock, check out TipRanks’ Stock Analysis page.
