Tenaris (OTC: TNRSF) updates second USD1.2B share buyback tranche
Rhea-AI Filing Summary
Tenaris S.A. reported weekly activity in the second tranche of its USD1.2 billion share buyback program, repurchasing 2,573 ordinary shares from February 23–27, 2026 for €57,617, equivalent to USD67,913.
As of March 3, 2026, Tenaris held 62,355,174 ordinary shares in treasury, representing 5.82% of its total issued share capital, and it intends to cancel shares purchased under the programs in due course.
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FORM 6 - K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
As of March 3, 2026
TENARIS, S.A.
(Translation of Registrant's name into English)
26, Boulevard Royal, 4th floor
L-2449 Luxembourg
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F.
Form 20-F _Ö_ Form 40-F ___
The attached material is being furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenaris’s Weekly Report (February 23 2026 – February 27, 2026) on the Second Tranche of Tenaris Share Buyback Program.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 3, 2026
Tenaris, S.A.
By: /s/ Giovanni Sardagna
Giovanni Sardagna
Investor Relations Officer
 |
 |
Giovanni Sardagna
Tenaris
1-888-300-5432
www.tenaris.com
Weekly Report (February 23, 2026 – February 27, 2026) on the Second Tranche of Tenaris Share Buyback Program.
Luxembourg, March 3, 2026. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Second Tranche of the USD1.2 billion Share Buyback Program announced on November 2, 2025, covering up to USD600 million to be executed in the open market, it has repurchased the following ordinary shares from February 23, 2026 to (and including) February 27, 2026:
From February 23, 2026 to (and including) February 27, 2026, the Company has purchased a total of 2,573 ordinary shares for a total consideration of €57,617 equivalent to USD67,913.
As of March 3, 2026, the Company held in treasury 62,355,174 ordinary shares equal to 5.82% of the total issued share capital.
Tenaris intends to cancel treasury shares purchased under the Programs in due course.
Details of the above transactions, are available on Tenaris’s corporate website under the Share Buyback Program Section https://ir.tenaris.com/share-buyback-program.
Some of the statements contained in this press release are “forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.
Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.