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Tenaris S.A.

Transaction in Own Shares Dec 15, 2023

6230_rns_2023-12-15_c1cbba66-3df4-4a1a-90a6-8be6ecdf5f45.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-21-2023
Data/Ora Inizio
Diffusione
15 Dicembre 2023
19:03:22
Euronext Milan
Societa' : TENARIS
Identificativo
Informazione
Regolamentata
: 184511
Nome utilizzatore : TENARISN04 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 15 Dicembre 2023 19:03:21
Data/Ora Inizio
Diffusione
: 15 Dicembre 2023 19:03:22
Oggetto : Weekly Report (December 11, 2023 –
December 15, 2023) on the First Tranche
of Tenaris Share Buyback Program
Testo del comunicato

Vedi allegato.

Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com

Weekly Report (December 11, 2023 – December 15, 2023) on the First Tranche of Tenaris Share Buyback Program

Luxembourg, December 15, 2023. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its First Tranche of the Share Buyback Program announced on November 5, 2023, covering up to US\$300 million to be executed in the open market, it has repurchased the following ordinary shares from December 11 to (and including) December 15, 2023:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
11-dic-23 MTA 605,711 15.5650 9,427,892 1.0769 10,152,425
11-dic-23 CEUX 285,358 15.5656 4,441,768 1.0769 4,783,118
11-dic-23 TQEX 27,586 15.5699 429,511 1.0769 462,519
11-dic-23 AQXE 28,377 15.5679 441,770 1.0769 475,720
12-dic-23 MTA 606,482 15.3743 9,324,236 1.0745 10,018,426
12-dic-23 CEUX 285,810 15.3781 4,395,215 1.0745 4,722,438
12-dic-23 TQEX 29,246 15.3792 449,780 1.0745 483,266
12-dic-23 AQXE 28,377 15.3793 436,418 1.0745 468,910
13-dic-23 MTA 534,548 15.3222 8,190,451 1.0782 8,830,535
13-dic-23 CEUX 273,493 15.3237 4,190,925 1.0782 4,518,445
13-dic-23 TQEX 28,452 15.3245 436,013 1.0782 470,087
13-dic-23 AQXE 27,425 15.3243 420,269 1.0782 453,113
14-dic-23 MTA 82 15.2600 1,251 1.0795 1,351
14-dic-23 TQEX 246 15.2600 3,754 1.0795 4,052
14-dic-23 AQXE 700 15.2600 10,682 1.0795 11,531
2,761,893 15.4242 42,599,936 45,855,937

From November 6, 2023 to (and including) December 15, 2023, the Company has purchased a total of 12,648,091 ordinary shares for a total consideration of €198,120,161, equivalent to US\$214,504,396.

As of December 15, 2023, the Company held in treasury 12,648,091 ordinary shares equal to 1.07% of the total issued share capital.

Tenaris intends to cancel all shares purchased under the Program in due course.

Details of the above transactions, are available on Tenaris's corporate website under the Share Buyback Program Section https://ir.tenaris.com/share-buyback-program.

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.

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