Tenaris S.A. (TS) announced that, as part of its previously disclosed Share Buyback Program initiated on May 27, 2025, with a total value of up to $1.2 billion, it has entered into a non-discretionary buyback agreement with a leading financial institution.
The first tranche of the Program, covering up to $600 million, excluding customary transaction fees, is set to commence on June 9, 2025, and will conclude no later than December 8, 2025. Ordinary shares acquired through this initiative will be cancelled in due course.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.