Tenaris (TS) has released an update.
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Tenaris, a leading global manufacturer and supplier of steel pipe products, has reported a successful financial year with net sales of USD 14.9 billion and a net income of USD 4.0 billion. The company, which serves major players in the oil and gas industry, is increasing shareholder returns, proposing a higher annual dividend and advancing its acquisitions to enhance its product and service offerings. Additionally, Tenaris has made progress in its decarbonization efforts with the launch of a wind farm in Argentina, and its community education programs continue to show positive impacts.
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