logo
  

Tenaris Initiates $300 Mln Third Tranche Of $1.2 Bln Share Buyback Program

Tenaris (TS) said it will start the third tranche of its $1.2 billion share buyback program, amounting to $300 million. The third tranche of the program shall start on May 13, 2024, and end no later than August 12, 2024.

Tenaris is a global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Nvidia Corp. shares were gaining more than 4 percent in the early morning trading on the Nasdaq after the chipmaker launched its next generation of artificial intelligence or AI chips amid the surging competition and significant growth in demand worldwide. The AI hardware company's Chief Executive Officer Jensen Huang announced the new AI chip architecture, dubbed 'Rubin', for 2026... Delray, Florida-based Fresh Start Produce Sales Inc. is recalling whole cucumbers citing potential to be contaminated with Salmonella, according to the U.S Food and Drug Administration. The recalled cucumbers are dark green, approximately 1.5 - 2.0 inches in diameter, and 5-9 inches long. Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA)...

The highlight this week was the latest set of first quarter economic growth figures from the U.S. Find out why the data damped the market sentiment. Other main releases from the U.S. included those on consumer confidence and jobless claims. In Europe, German inflation figures caught everyone's attention. Learn why it added to expectations of rate staying “higher for longer”. Asia's economics scene this week was dominated by the release of PMI survey figures from China.

View More Videos
RELATED NEWS
Follow RTT