Repurchased own ordinary shares reached 5% of Tenaris’s voting rights
November 22 2024 - 11:32AM
Pursuant to applicable Luxembourg Transparency Law requirements,
Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announces
that on November 20, 2024, the proportion of own ordinary shares
acquired under the share buyback programs and currently held in
treasury has reached a threshold of 5.01% of Tenaris’s voting
rights. Ordinary shares repurchased under the programs are
being held in treasury (their voting rights are suspended) and will
be cancelled in due course. Reporting of share buyback transactions
in accordance with Market Abuse Regulation is available at:
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.
Giovanni
Sardagna Tenaris
1-888-300-5432www.tenaris.com
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