Tenaris closes 2023 with profit at around $4 billion. During the year, revenues reached 14.9 billion dollars (13.7 billion euros), up 26% compared to 2022.
The company expects to pay a dividend of $0.60 per share, for a total amount of approximately $700 million. The second $300 million tranche of the previously announced $1.2 billion share repurchase program is expected to begin on Monday, May 20. For the current year, the company expects first-half sales to be in line with those of the second half of 2023.