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Tenaris SA ( (TS) ) just unveiled an announcement.
Tenaris S.A. announced the repurchase of 2,392,510 ordinary shares from January 27 to January 31, 2025, as part of its USD 700 million Share Buyback Program. This purchase, totaling approximately USD 45.6 million, increases the treasury shares to 7.20% of the total issued share capital, with plans to cancel these 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: 1.54%
Average Trading Volume: 1,459,663
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.47B
For detailed information about TS stock, go to TipRanks’ Stock Analysis page.
