Tenaris (TS) has released an update.
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Tenaris S.A. has successfully passed all proposed resolutions during its recent Annual and Extraordinary General Meetings, including the approval of a $0.60 per share annual dividend and the election of a new director, Molly Montgomery. Additionally, the company announced a share buyback program resulting in the cancellation of 17.8 million shares, effectively reducing its share capital. Key financial reports and future compensation policies for directors and the CEO were also ratified.
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