Reported Sunday, Tenaris Commences A $300M Third Tranche Of Its $1.2B Share Buyback Program
$TS
Steel/Iron Ore
Industrials
- This USD 300 million third tranche of the Program shall start on May 13, 2024, and end no later than August 12, 2024. Ordinary shares purchased under the Program will be cancelled in due course.
- Any buyback of ordinary shares in relation to this announcement will be carried out under the authority granted by the general meeting of shareholders held on June 2, 2020, up to a maximum of 10% of the Company's capital, or any renewed or extended authorization to be granted at a future general meeting of the Company.