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Tenaris concluded $1.2bn share buyback program on 2 August 2024, purchasing 71.7m shares.
Tenaris, a leading steel tube supplier, concluded its $1.2bn share buyback program with the final tranche on 2 August 2024.
The program purchased 71.7m shares, representing 6.07% of total share capital at the start.
In the final tranche, Tenaris bought 19.45m shares for $300m.
The company plans to cancel its treasury shares in the future.
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Tenaris concluyó el programa de recompra de acciones de $1.2 mil millones el 2 de agosto de 2024, comprando acciones de 71.7 millones.