Giovanni Sardagna Tenaris

1-888-300-5432 www.tenaris.com

Weekly Report (April 8, 2024 - April 12, 2024) on the Second Tranche of Tenaris Share Buyback Program

Luxembourg, April 12, 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 8 to (and including) April 12, 2024:

Shares

Weighted

Purchases in

Reference

Purchases in

Date

Trading Venue

Average Price

Purchased

EUR

FX

USD

(EUR)

08-abr-24

MTAA

9,998

18.5429

185,392

1.0853

201,206

09-abr-24

MTAA

10,000

18.5232

185,232

1.0858

201,125

10-abr-24

MTAA

9,757

18.4641

180,154

1.0752

193,702

11-abr-24

MTAA

10,000

18.4755

184,755

1.0703

197,743

12-abr-24

MTAA

9,988

18.4470

184,249

1.0631

195,875

49,743

18.4907

919,782

989,651

From April 8, 2024 to (and including) April 12, 2024, the Company has purchased a total of 49,743 ordinary shares for a total consideration of €919,782, equivalent to USD989,651.

As of April 12, 2024, the Company held in treasury 29,905,895 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.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Tenaris SA published this content on 13 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2024 14:54:04 UTC.