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Tenaris S.A.

Transaction in Own Shares Jun 14, 2024

6230_rns_2024-06-14_02c1db48-fb3c-4a2d-89da-442a0cf91611.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-25-2024
Data/Ora Inizio Diffusione
14 Giugno 2024 23:17:43
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 192254
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 14 Giugno 2024 23:17:43
Data/Ora Inizio Diffusione 14 Giugno 2024 23:17:43
Oggetto : Weekly Report (June 10, 2024 – June 13,
2024) on the Third Tranche of Tenaris Share
Buyback Program
Testo
del
comunicato

Vedi allegato

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

Weekly Report (June 10, 2024 – June 13, 2024) on the Third Tranche of Tenaris Share Buyback Program

Luxembourg, June 14, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Third Tranche of the Share Buyback Program announced on May 12, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from June 10 to (and including) June 13, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
10-Jun-2024 CEUX 299,700 14.9823 4,490,195 1.0736 4,820,665
10-Jun-2024 MTAA 582,000 14.9831 8,720,164 1.0736 9,361,968
10-Jun-2024 TQEX 18,294 14.9266 273,067 1.0736 293,164
11-Jun-2024 CEUX 330,800 14.9199 4,935,503 1.0723 5,292,333
11-Jun-2024 MTAA 690,000 14.9177 10,293,213 1.0723 11,037,385
12-Jun-2024 MTAA 340,430 14.8923 5,069,786 1.0848 5,499,699
13-Jun-2024 CEUX 14,800 14.6662 217,060 1.0770 233,773
13-Jun-2024 MTAA 692,623 14.6691 10,160,156 1.0770 10,942,520
2,968,647 14.8752 44,159,144 47,481,506

From June 10, 2024 to (and including) June 13, 2024, the Company has purchased a total of 2,968,647 ordinary shares for a total consideration of €44,159,144, equivalent to USD47,481,506.

As of June 14, 2024, the Company held in treasury 34,447,527 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche), equal to 2.96% 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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