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Tenaris S.A.

Transaction in Own Shares Jul 13, 2024

6230_rns_2024-07-13_aa4efe31-6f76-4fc1-b327-98b07c4d1b1a.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-31-2024
Data/Ora Inizio Diffusione
13 Luglio 2024 00:02:46
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 193384
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 13 Luglio 2024 00:02:46
Data/Ora Inizio Diffusione 13 Luglio 2024 00:02:46
Oggetto : Weekly Report (July 8, 2024 – July 12, 2024)
on the Fourth Tranche of Tenaris Share
Buyback Program
Testo
del
comunicato

Vedi allegato

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

Weekly Report (July 8, 2024 – July 12, 2024) on the Fourth Tranche of Tenaris Share Buyback Program

Luxembourg, July 12, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Fourth Tranche of the Share Buyback Program announced on June 14, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from July 8 to (and including) July 12, 2024:

Date Trading Venue Shares Purchased Weighted
Average Price
(EUR)
Purchases
in EUR
Reference
FX
Purchases in
USD
08-Jul-2024 CEUX 86,400 14.1413 1,221,808 1.0833 1,323,587
08-Jul-2024 MTAA 699,000 14.1749 9,908,255 1.0833 10,733,610
09-Jul-2024 CEUX 137,839 14.1582 1,951,552 1.0815 2,110,603
09-Jul-2024 MTAA 698,000 14.1887 9,903,713 1.0815 10,710,884
10-Jul-2024 MTAA 490,000 14.2286 6,972,014 1.0823 7,545,807
11-Jul-2024 MTAA 499,258 14.2065 7,092,709 1.0878 7,715,441
12-Jul-2024 MTAA 350,000 14.4219 5,047,665 1.0907 5,505,473
2,960,497 14.2198 42,097,716 45,645,405

From July 8, 2024 to (and including) July 12, 2024, the Company has purchased a total of 2,960,497 ordinary shares for a total consideration of €42,097,716, equivalent to USD45,645,405.

As of July 12, 2024, the Company held in treasury 50,393,617 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche and 18,080,524 ordinary shares bought in the third tranche), equal to 4.33% 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.

Fine Comunicato n.0602-31-2024 Numero di Pagine: 4
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