(Alliance News) - Tenaris SA reported that it purchased 3.5 million shares between Jan. 8 and Jan. 12.

The shares were purchased at an average price of EUR15.0542 for a total value of EUR52.9 million.

As a result of these purchases, the company holds about 17.8 million of its own shares or 1.5 percent of its share capital.

Tenaris closed Friday in the green by 0.1 percent at EUR14.72 per share.

By Claudia Cavaliere, Alliance News reporter

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