Tenaris (TS) has released an update.
Tenaris S.A., a prominent global supplier of steel tubes, has actively repurchased 124,607 ordinary shares for €2,236,109 (USD2,427,946) as part of its ongoing Second Tranche Share Buyback Program. The company acquired these shares between March 18 and March 22, 2024, and plans to cancel them to enhance shareholder value. As of March 22, the company holds 2.52% of its issued share capital in treasury.
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