(Alliance News) - Tenaris SA announced Friday the purchase of 4.6 million of its own shares between May 27 and May 31.

The shares were taken over at an average price of EUR15.4998 for a total value of EUR72.0 million.

As a result of these purchases, Tenaris holds 26.3 million shares or 2.3 percent of the share capital.

Tenaris' stock closed Friday down 0.5 percent at EUR15.10 per share.

By Chiara Bruschi, Alliance News reporter

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