AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Tenaris S.A.

Transaction in Own Shares Jun 28, 2024

6230_rns_2024-06-28_e9a0e679-e1ca-477b-b1c6-3884071d14c6.pdf

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

Informazione
Regolamentata n.
0602-29-2024
Data/Ora Inizio Diffusione
28 Giugno 2024 23:33:30
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 192845
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 28 Giugno 2024 23:33:30
Data/Ora Inizio Diffusione : 28 Giugno 2024 23:33:30
Oggetto : Weekly Report (June 24, 2024 – June 28,
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 (June 24, 2024 – June 28, 2024) on the Fourth Tranche of Tenaris Share Buyback Program

Luxembourg, June 28, 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 June 24 to (and including) June 28, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference FX Purchases in
USD
24-Jun-2024 CEUX 246,000 14.4769 3,561,317 1.0700 3,821,640
24-Jun-2024 MTAA 700,000 14.4778 10,134,460 1.0700 10,875,323
25-Jun-2024 CEUX 200,000 14.4624 2,892,480 1.0700 3,094,956
25-Jun-2024 MTAA 700,000 14.4694 10,128,580 1.0700 10,837,554
26-Jun-2024 CEUX 270,000 14.2164 3,838,428 1.0700 4,100,964
26-Jun-2024 MTAA 700,000 14.2521 9,976,470 1.0700 10,658,888
27-Jun-2024 CEUX 270,000 14.1241 3,813,507 1.0700 4,084,652
27-Jun-2024 MTAA 700,000 14.1239 9,886,730 1.0700 10,589,669
28-Jun-2024 CEUX 130,000 14.3152 1,860,976 1.0700 1,994,598
28-Jun-2024 MTAA 700,000 14.3218 10,025,260 1.0700 10,745,064
4,616,000 14.3237 66,118,208 70,803,307

From June 24, 2024 to (and including) June 28, 2024, the Company has purchased a total of 4,616,000 ordinary shares for a total consideration of €66,118,208, equivalent to USD70,803,307.

As of June 28, 2024, the Company held in treasury 43,742,579 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 3.76% 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.0602-29-2024 Numero di Pagine: 4

Talk to a Data Expert

Have a question? We'll get back to you promptly.