Tenaris Advances Share Buyback with $13M Purchase
Company Announcements

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.

For further insights into TS stock, check out TipRanks’ Stock Analysis page.

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