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Tenaris S.A.

Transaction in Own Shares Jun 22, 2024

6230_rns_2024-06-22_68aa379f-965d-4d45-820d-920078090d46.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-28-2024
Data/Ora Inizio Diffusione
22 Giugno 2024 11:22:49
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 192566
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 22 Giugno 2024 11:22:49
Data/Ora Inizio Diffusione : 22 Giugno 2024 11:22:49
Oggetto : Weekly Report (June 17, 2024 – June 21,
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 17, 2024 – June 21, 2024) on the Fourth Tranche of Tenaris Share Buyback Program

Luxembourg, June 21, 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 17 to (and including) June 21, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
17-Jun-2024 CEUX 297,000 14.4170 4,281,849 1.0716 4,588,431
17-Jun-2024 MTAA 700,000 14.4112 10,087,840 1.0716 10,810,098
18-Jun-2024 MTAA 700,000 14.6170 10,231,900 1.0739 10,988,069
19-Jun-2024 CEUX 300,000 14.5209 4,356,270 1.0749 4,682,539
19-Jun-2024 MTAA 700,000 14.5280 10,169,600 1.0749 10,931,322
20-Jun-2024 CEUX 286,000 14.5177 4,152,062 1.0722 4,451,845
20-Jun-2024 MTAA 698,052 14.5181 10,134,389 1.0722 10,866,091
21-Jun-2024 CEUX 300,000 14.3821 4,314,630 1.0683 4,609,313
21-Jun-2024 MTAA 698,000 14.4017 10,052,387 1.0683 10,738,950
4,679,052 14.4860 67,780,927 72,666,657

From June 17, 2024 to (and including) June 21, 2024, the Company has purchased a total of 4,679,052 ordinary shares for a total consideration of €67,780,927, equivalent to USD72,666,657.

As of June 21, 2024, the Company held in treasury 39,126,579 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 3.36% 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.0602-28-2024 Numero di Pagine: 4

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