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Tenaris S. A. - $TS STOCK NEWS

Welcome to our dedicated page for Tenaris S. A. news (Ticker: $TS), a resource for investors and traders seeking the latest updates and insights on Tenaris S. A. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tenaris S. A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tenaris S. A.'s position in the market.

Rhea-AI Summary

Tenaris S.A. shareholders approved all resolutions at the annual and extraordinary general meetings, including annual dividend declaration and the appointment of new directors. The Company's 2023 reports were acknowledged, and the share capital was reduced following a share buyback program.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
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Rhea-AI Summary

Tenaris S.A. completed the second tranche of its Share Buyback Program, purchasing 16,367,003 ordinary shares for €277,137,521. The company now holds 34,146,305 shares in treasury, equal to 2.89% of the total issued share capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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buyback
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Rhea-AI Summary
Tenaris S.A. announced its 2024 first quarter results, showing a 1% increase in net sales but a 35% decrease in net income compared to the same quarter last year. Despite lower OCTG prices in the Americas, the company's sales remained stable, with a positive net cash position of $3.9 billion. Demand for oil and gas continues to grow, but the company anticipates lower sales and margins in the second and third quarters due to declining OCTG prices in the Americas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.44%
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Rhea-AI Summary
Tenaris S.A. files its Annual Report on Form 20-F for 2023 with the SEC, showcasing its performance in the energy industry and industrial applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
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Rhea-AI Summary
Tenaris S.A. files its 2023 Annual Report and Sustainability Report, including financial and non-financial information. The reports are available on various platforms. The company will hold its Annual General Meeting of Shareholders on April 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
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Rhea-AI Summary
Tenaris S.A. announced a non-discretionary buyback agreement with a primary financial institution as part of its Share Buyback Program, covering up to $1.2 billion to cancel acquired ordinary shares. The buyback agreement will run from February 26, 2024, to May 24, 2024, with shares purchased under the Program to be cancelled. The purchases will comply with regulations, including the Market Abuse Regulation 596/2014.
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buyback
Rhea-AI Summary
Tenaris S.A. announces strong financial results for Q4 2023 and full year 2023, showcasing growth in net sales, operating income, and net income. The company's performance was driven by increased sales volumes, acquisitions, and favorable market conditions. Tenaris plans to propose a dividend and continue its share buyback program in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.77%
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Rhea-AI Summary
Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) has announced the completion of the first tranche of its Share Buyback Program, purchasing 17,779,302 ordinary shares for a total consideration of €276,201,768, or US$300 million. The company intends to cancel all shares purchased under the Program and the second tranche is expected to begin on February 26, 2024.
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Rhea-AI Summary
Tenaris S.A. (NYSE: TS, EXM Italy: TEN) has completed the acquisition of Mattr's pipe coating business unit for US$182.6 million, including estimated working capital and US$16.9 million in cash. The acquisition encompasses nine plants across multiple countries, world-class R&D facilities, and a wide IP/product portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
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Rhea-AI Summary
Tenaris S.A. has announced a Share Buyback Program of up to $1.2 billion. The program will be executed in the open market with the intention of canceling the acquired shares. Tenaris has entered into a buyback agreement with a primary financial institution, which will make independent trading decisions. The first tranche of the program will start on November 6, 2023, and end by February 9, 2024. Ordinary shares purchased will be canceled.
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Tenaris S. A.

NYSE:TS

TS Rankings

TS Stock Data

19.28B
439.18M
11.09%
0.38%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
United States of America
29 Avenue De La Porte Neuve

About TS

Tenaris S.A. is a global manufacturer and supplier of steel pipes and related services, primarily for the energy industry