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Tenaris SA ( (TS) ) has provided an announcement.
Tenaris S.A. announced the continuation of its USD 700 million Share Buyback Program, initially announced in November 2024. Between March 3 and March 4, 2025, the company repurchased 667,104 ordinary shares for approximately USD 12.15 million. As of March 4, 2025, Tenaris holds 90,762,598 ordinary shares in treasury, representing 7.81% of its total issued share capital. The company plans to cancel these treasury shares in the future, which may impact its share value and market positioning.
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: -4.29%
Average Trading Volume: 1,466,297
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.21B
For detailed information about TS stock, go to TipRanks’ Stock Analysis page.