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Share Buyback Program of up to USD 1.2 Billion - Tenaris (NYSE:TS)

Summary by Benzinga
LUXEMBOURG, May 27, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that Tenaris's Board of Directors approved a share buyback program of up to $1.2 billion (which, at the closing price of May 27, 2025 on the Milan Stock Exchange would represent approximately 74 million shares, or 6.9% of Tenaris's outstanding shares), to be executed within a year, with the intention to cancel the ordina…

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Benzinga broke the news in New York, United States on Tuesday, May 27, 2025.
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