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Tenaris S.A.

Transaction in Own Shares Apr 5, 2024

6230_rns_2024-04-05_1d82ce91-e9ce-4ff0-86e8-88567cfdd7cb.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-14-2024
Data/Ora Inizio Diffusione
5 Aprile 2024 23:47:00
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 188665
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 5 Aprile 2024 23:47:00
Data/Ora Inizio Diffusione : 5 Aprile 2024 23:47:00
Oggetto : Weekly Report (April 1, 2024 – April 5, 2024) on
the Second Tranche of Tenaris Share Buyback
Program
Testo
del
comunicato

Vedi allegato

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

Weekly Report (April 1, 2024 – April 5, 2024) on the Second Tranche of Tenaris Share Buyback Program

Luxembourg, April 5, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Second Tranche of the Share Buyback Program announced on February 25, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from April 1 to (and including) April 5, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
02-abr-24 MTAA 10,000 18.4169 184,169 1.0765 198,258
03-abr-24 MTAA 10,000 18.5389 185,389 1.0823 200,647
04-abr-24 MTAA 10,000 18.6116 186,116 1.0868 202,271
05-abr-24 MTAA 10,000 18.4992 184,992 1.0817 200,106
40,000 18.5167 740,666 801,281

From April 1, 2024 to (and including) April 5, 2024, the Company has purchased a total of 40,000 ordinary shares for a total consideration of €740,666, equivalent to USD801,281.

As of April 5, 2024, the Company held in treasury 29,856,152 ordinary shares (including 17,779,302 ordinary shares bought in the first tranche), equal to 2.53% 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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