Welcome to our dedicated page for Tenaris news (Ticker: TS), a resource for investors and traders seeking the latest updates and insights on Tenaris stock.
Tenaris S.A. reports developments in its steel tube and related services business for the energy industry and other industrial applications. News commonly covers Tubes segment results, seamless and welded pipe volumes, regional sales, IFRS financial results, alternative performance measures, cash generation, and capital allocation actions such as share buybacks.
Company updates also address shareholder meetings, annual report filings, governance changes, securities transactions by persons discharging managerial responsibilities, and corporate development activity tied to steel tube manufacturing assets and industrial pipe products. Tenaris operates an integrated manufacturing, research, and service network across the Americas, Europe, the Middle East, Asia, and Africa.
Tenaris (NYSE:TS) reported 2Q 2026 net sales of $2.97 billion, down 4% sequentially and year on year, with operating income of $494 million and EBITDA of $649 million (21.9% margin vs. 23.7% in 1Q 2026). Net income was $492 million, or $0.47 per share.
Results were affected by postponed shipments to the Middle East due to the effective closure of the Strait of Hormuz, higher logistics and raw material costs, and lower fixed-cost absorption. Free cash flow reached $396 million, and net cash stood at $3.6 billion on June 30, 2026, after a $606 million dividend. For 1H 2026, net sales rose 1% to $6.07 billion, EBITDA was $1.39 billion (22.8% margin), and earnings per share increased 4% versus 1H 2025, supported by share buybacks.
The board approved an interim dividend of $0.59 per share ($1.18 per ADS), about $600 million, payable on November 25, 2026. Tenaris also announced board and committee changes, including appointing Alicia Móndolo as Vice Chair overseeing Sustainability, Risk Management and Compliance.
Tenaris (NYSE:TS) has started operations at a new service center in Paramaribo, Suriname, dedicated to supporting TotalEnergies’s GranMorgu offshore project, the country’s first major offshore development.
The 74,500 m² facility has 15,000-ton capacity, integrated Rig Direct® services, digital traceability tools, and aims to bolster local employment, suppliers, and skills.
Tenaris (NYSE:TS) reported that shareholders approved all resolutions at the May 12, 2026 annual and extraordinary meetings. Approvals covered 2025 financials, board and auditor appointments, compensation, dividend, share buyback authorization and a major share capital reduction.
Shareholders approved a US$0.89 per share annual dividend (~US$0.9 billion), including a US$0.29 interim already paid. The remaining US$0.60 per share (US$1.20 per ADS), about US$0.6 billion, will be paid on May 20, 2026. The extraordinary meeting approved cancelling 62,355,174 treasury shares from the third buyback program, cutting issued share capital from 1,071,994,930 to 1,009,639,756 shares.
Tenaris (NYSE:TS) agreed to acquire 100% of Artrom Steel Tubes S.A. from GLGH Steel for an aggregate purchase price of EUR 86 million on a cash-free, debt-free basis, including normalized working capital.
The deal expands Tenaris’s European industrial pipe footprint with Artrom’s Reșița steelmaking capacity of ~450,000 metric tons and Slatina seamless-rolling capacity up to 200,000 metric tons. Closing is expected in Q4 2026, subject to EU competition clearance and Romanian approvals.
Tenaris (NYSE: TS) announced on May 6, 2026 that Gabriel Podskubka was appointed Chief Executive Officer while Paolo Rocca will continue as Chairman.
Podskubka, Tenaris COO since 2023, joined the company in 1995 and has led sales, supply chain, production and product development; the Board described this as the result of long-term leadership planning.
Tenaris (NYSE:TS) reported 1Q26 results: net sales $3,100M, operating income $584M, net income $564M and EBITDA $735M. Free cash flow was $503M, the company repurchased $90M of shares and closed the quarter with $3.8B net cash at March 31, 2026.
Sales rose sequentially on higher activity in Canada, Mexico, Brazil and North Africa; Q2 headwinds include lower Middle East shipments and higher logistics costs, with recovery expected in H2 if the Strait of Hormuz reopens.
Tenaris (NYSE:TS) has convened its Annual General Meeting of Shareholders for May 12, 2026 at 10:00 CET and an Extraordinary General Meeting to follow.
Agendas, proxy materials, the 2025 Annual Report, compensation report, proposed articles amendments and attendance/voting forms are available on the Luxembourg Stock Exchange, the SEC and Tenaris investor website; paper copies available at Tenaris registered office and electronic copies on request.
Tenaris (NYSE:TS) filed its 2025 Annual Report with the Luxembourg Stock Exchange and other regulators on March 30, 2026, and will file its Form 20-F with the SEC on March 31, 2026.
Reports include consolidated management report, consolidated financial statements and annual accounts as of December 31, 2025, plus management certifications and auditors' reports. Reports are available for download and as free printed copies on Tenaris's investor website.
Tenaris (NYSE: TS) announced receipt of a notification of a securities transaction by a person discharging managerial responsibilities on March 5, 2026. The notification was filed with the Luxembourg Commission de Surveillance du Secteur Financier and the Luxembourg Stock Exchange.
Transaction details are publicly available via the Luxembourg OAM search portal and on Tenaris’s website under Share transactions in the “Share capital and votes” section.
Tenaris (NYSE:TS) said it will terminate the USD 600 million second tranche of its share buyback program effective March 3, 2026, after repurchasing 29,295,219 ordinary shares for about USD 583.6 million.
The company cited market volatility and potential incremental payout mechanics to its counterparty as the reason and said the board will consider future buyback programs.