On June 7, 2024, Tenaris S.A. reported it repurchased 5,146,900 shares from June 3-7, 2024, for €76.7 million (approximately USD 83.3 million) as part of its $300 million share buyback program, bringing total treasury shares to 31,478,880, which is 2.71% of total issued capital. The company plans to cancel these shares in due course.