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Tenaris SA (TENR.MI)

TENR.MI on Milan Stock Exchange

14.12EUR
2:23pm BST
Change (% chg)

€-0.08 (-0.56%)
Prev Close
€14.20
Open
€14.12
Day's High
€14.40
Day's Low
€14.09
Volume
659,945
Avg. Vol
2,702,459
52-wk High
€17.29
52-wk Low
€11.05

Latest Key Developments (Source: Significant Developments)

Saudi Steel Pipes Says Shareholders Agree to Sell Stake in Co to Tenaris
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - SAUDI STEEL PIPES CO SJSC <1320.SE>::SAYS CO WAS INFORMED THAT RABIAH & NASSAR GROUP, GROUP OF MINORITY SHAREHOLDERS ENTERED INTO SHARE SALE AGREEMENT WITH TENARIS SAUDI ARABIA.SAYS RABIAH & NASSAR GROUP, GROUP OF MINORITY SHAREHOLDERS TO SELL 47.79 PERCENT STAKE REPRESENTING 24.37 MILLION SHARES OF CO TO TENARIS AT 22.20 RIYALS PER SHARE.SAYS COMPLETION OF THE TRANSACTION IS EXPECTED TO OCCUR BEFORE MARCH 31ST, 2019.  Full Article

Tenaris To Acquire Significant Stake In Saudi Steel Pipe Company
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Tenaris ::TO ACQUIRE SIGNIFICANT STAKE IN SAUDI STEEL PIPE COMPANY.HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE FROM A PRIVATE GROUP 47.79% OF SHARES OF SAUDI STEEL PIPE COMPANY FOR $144 MILLION.TENARIS WILL SIGNIFICANTLY EXPAND ITS INDUSTRIAL PRESENCE IN THE KINGDOM AND THE RANGE OF PRODUCTS IT SUPPLIES TO SAUDI ARAMCO.  Full Article

Tenaris Reports Q2 Earnings Per ADS Of $0.29
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - * ANNOUNCES 2018 SECOND QUARTER RESULTS:* QTRLY EARNINGS PER ADS $0.29 VS $0.13 .* QTRLY NET SALES $1788 MILLION VERSUS $1243 MILLION in Q2 2017.* Company says sales rose in most regions, except for Canada, reflecting seasonal effects, and the East Mediterranean, where it had lower shipments for offshore pipelines following the exceptional level recorded in the first quarter..* Sales for the first half of 2018 were up 52% year on year. .* Margins improved on higher average selling prices despite lower shipment volumes..  Full Article

Tenaris announces Q3 earnings per share of $0.09​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Tenaris -:Tenaris announces 2017 third quarter results.‍Q3 net sales $1.30 billion versus $987 million​.Q3 ‍earnings per ads $0.18​.‍Q3 earnings per share $0.09​.‍In Q4 and going into 2018, expect sales in Americas to continue growing​.  Full Article

Italy - Factors to watch on Sept. 26

The following factors could affect Italian markets on Wednesday.