Tenaris completed a $700 million share buyback program, acquiring 3.17% of total issued capital.

From GlobeNewswire: 2025-03-04 19:03:00

Tenaris S.A. completed a $700 million share buyback program, purchasing 36,862,132 ordinary shares, representing 3.17% of total issued capital. As of March 4, 2025, the company held 90,762,598 ordinary shares, including those bought under a $1.2 billion buyback program, equal to 7.81% of total issued capital. The company intends to cancel the shares bought under the program in due course. Risks include uncertainties in oil and gas prices affecting investment programs. Tenaris is a global leader in providing tubes and services for the energy industry and other industrial applications. For more information, visit Tenaris’ website.



Read more at GlobeNewswire: Tenaris completa su Programa de Recompra de Acciones por