[6-K] Tenaris S. A. Current Report (Foreign Issuer)
Tenaris reported that under the First Tranche of its USD1.2 billion share buyback program (with up to USD600 million to be executed in the open market), it repurchased 3,813,885 ordinary shares from August 4 to August 8, 2025 for a total consideration of €58,467,805 (equivalent to USD67,863,378). As of August 8, 2025 the company held 26,534,450 treasury shares, representing 2.48% of issued share capital. Tenaris states it intends to cancel treasury shares purchased under the program in due course, and provides transaction details on its investor website.
The announcement also includes a standard forward-looking statement cautioning that outcomes may be affected by risks such as future oil and gas prices.
Tenaris ha comunicato che, nell'ambito della Prima tranche del suo programma di riacquisto di azioni da USD1.2 billion (con fino a USD600 million da eseguire sul mercato aperto), ha riacquistato 3,813,885 azioni ordinarie dal 4 agosto al 8 agosto 2025 per un controvalore totale di €58,467,805 (equivalenti a USD67,863,378). Al 8 agosto 2025 la società deteneva 26,534,450 azioni proprie, pari al 2.48% del capitale sociale emesso. Tenaris dichiara di intendere annullare le azioni proprie acquistate nell'ambito del programma a tempo debito e mette a disposizione i dettagli delle transazioni sul suo sito per gli investitori.
L'annuncio include inoltre una dichiarazione prospettica standard che avverte che i risultati potrebbero essere influenzati da rischi quali l'andamento futuro dei prezzi del petrolio e del gas.
Tenaris informó que, en el marco de la Primera tranche de su programa de recompra de acciones por USD1.2 billion (con hasta USD600 million a ejecutarse en el mercado abierto), recompró 3,813,885 acciones ordinarias del 4 al 8 de agosto de 2025 por un importe total de €58,467,805 (equivalente a USD67,863,378). A 8 de agosto de 2025 la compañía poseía 26,534,450 acciones en autocartera, que representan el 2.48% del capital social emitido. Tenaris indica que tiene la intención de cancelar las acciones en autocartera adquiridas en el marco del programa en su debido momento y facilita los detalles de las transacciones en su web para inversores.
El comunicado incorpora asimismo una declaración prospectiva estándar que advierte que los resultados pueden verse afectados por riesgos como la evolución futura de los precios del petróleo y el gas.
Tenaris는 총 12억 달러(공개 시장에서 최대 6억 달러까지 집행될 수 있는) 규모의 자사주 매입 프로그램 제1차분에서 3,813,885주 보통주를 2025년 8월 4일부터 8일까지 총 €58,467,805(미화 USD67,863,378 상당)에 재매입했다고 보고했습니다. 2025년 8월 8일 기준 회사는 26,534,450주의 자사주를 보유하고 있으며 이는 발행 주식의 2.48%에 해당합니다. Tenaris는 프로그램을 통해 취득한 자사주를 적절한 시점에 소각할 의도가 있다고 밝히고, 거래 내역을 투자자 홈페이지에 게재하고 있습니다.
발표문에는 또한 향후 유가 및 가스 가격 등과 같은 위험 요인이 결과에 영향을 미칠 수 있음을 경고하는 표준적인 미래예측 관련 문구가 포함되어 있습니다.
Tenaris a annoncé que, dans le cadre de la première tranche de son programme de rachat d'actions de USD1.2 billion (jusqu'à USD600 million devant être exécutés sur le marché), il a racheté 3,813,885 actions ordinaires du 4 au 8 août 2025 pour un montant total de €58,467,805 (soit USD67,863,378). Au 8 août 2025, la société détenait 26,534,450 actions propres, soit 2.48% du capital social émis. Tenaris indique qu'il entend annuler les actions propres acquises dans le cadre du programme en temps voulu et publie les détails des transactions sur son site investisseurs.
L'annonce inclut également une déclaration prospective standard précisant que les résultats peuvent être affectés par des risques tels que l'évolution future des prix du pétrole et du gaz.
Tenaris teilte mit, dass es im Rahmen der ersten Tranche seines Aktienrückkaufprogramms über USD1.2 billion (wobei bis zu USD600 million am Aktienmarkt ausgeführt werden sollen) 3,813,885 Stammaktien vom 4. bis 8. August 2025 zurückgekauft hat – für einen Gesamtbetrag von €58,467,805 (entsprechend USD67,863,378). Zum 8. August 2025 hielt das Unternehmen 26,534,450 eigene Aktien, was 2.48% des ausgegebenen Aktienkapitals entspricht. Tenaris erklärt, dass es beabsichtigt, die im Rahmen des Programms erworbenen eigenen Aktien zu einem späteren Zeitpunkt zu annullieren, und stellt die Transaktionsdetails auf seiner Investorenseite bereit.
Die Mitteilung enthält außerdem eine standardmäßige zukunftsgerichtete Erklärung, die darauf hinweist, dass die Ergebnisse durch Risiken wie die künftige Entwicklung der Öl‑ und Gaspreise beeinflusst werden können.
- 3,813,885 shares repurchased between August 4 and August 8, 2025 for €58,467,805 (USD67,863,378)
- Treasury holdings increased to 26,534,450 ordinary shares, representing 2.48% of issued share capital
- Intent to cancel repurchased treasury shares stated, indicating potential permanent reduction in issued share capital
- Transactions disclosed publicly and detailed on the company's investor website under the Share Buyback Program section
- None.
Insights
TL;DR: Tenaris executed roughly $67.9M of buybacks this week, reducing outstanding shares and signaling capital-return priority.
The company repurchased 3,813,885 shares for €58.47M (USD67.86M) during the week of August 4–8, 2025, applying part of the open-market allowance within the USD600M tranche. The buybacks increase treasury holdings to 26,534,450 shares (2.48% of issued capital) and the firm has stated intent to cancel repurchased shares, which, if executed, will reduce share count. For investors, this is a tangible capital-return action and demonstrates management is deploying cash toward buybacks during the program window.
TL;DR: Disclosure is clear and includes cancellation intent; routine governance practice but watch timing of cancellations.
Tenaris provided concise weekly disclosure on purchases and current treasury holdings and directed investors to a web page with transaction details. The explicit statement that repurchased shares will be cancelled in due course is governance-relevant because cancellation permanently reduces issued share capital rather than holding shares indefinitely as treasury stock. The filing does not specify a timeline for cancellations, so the practical governance impact depends on when cancellations are executed.
Tenaris ha comunicato che, nell'ambito della Prima tranche del suo programma di riacquisto di azioni da USD1.2 billion (con fino a USD600 million da eseguire sul mercato aperto), ha riacquistato 3,813,885 azioni ordinarie dal 4 agosto al 8 agosto 2025 per un controvalore totale di €58,467,805 (equivalenti a USD67,863,378). Al 8 agosto 2025 la società deteneva 26,534,450 azioni proprie, pari al 2.48% del capitale sociale emesso. Tenaris dichiara di intendere annullare le azioni proprie acquistate nell'ambito del programma a tempo debito e mette a disposizione i dettagli delle transazioni sul suo sito per gli investitori.
L'annuncio include inoltre una dichiarazione prospettica standard che avverte che i risultati potrebbero essere influenzati da rischi quali l'andamento futuro dei prezzi del petrolio e del gas.
Tenaris informó que, en el marco de la Primera tranche de su programa de recompra de acciones por USD1.2 billion (con hasta USD600 million a ejecutarse en el mercado abierto), recompró 3,813,885 acciones ordinarias del 4 al 8 de agosto de 2025 por un importe total de €58,467,805 (equivalente a USD67,863,378). A 8 de agosto de 2025 la compañía poseía 26,534,450 acciones en autocartera, que representan el 2.48% del capital social emitido. Tenaris indica que tiene la intención de cancelar las acciones en autocartera adquiridas en el marco del programa en su debido momento y facilita los detalles de las transacciones en su web para inversores.
El comunicado incorpora asimismo una declaración prospectiva estándar que advierte que los resultados pueden verse afectados por riesgos como la evolución futura de los precios del petróleo y el gas.
Tenaris는 총 12억 달러(공개 시장에서 최대 6억 달러까지 집행될 수 있는) 규모의 자사주 매입 프로그램 제1차분에서 3,813,885주 보통주를 2025년 8월 4일부터 8일까지 총 €58,467,805(미화 USD67,863,378 상당)에 재매입했다고 보고했습니다. 2025년 8월 8일 기준 회사는 26,534,450주의 자사주를 보유하고 있으며 이는 발행 주식의 2.48%에 해당합니다. Tenaris는 프로그램을 통해 취득한 자사주를 적절한 시점에 소각할 의도가 있다고 밝히고, 거래 내역을 투자자 홈페이지에 게재하고 있습니다.
발표문에는 또한 향후 유가 및 가스 가격 등과 같은 위험 요인이 결과에 영향을 미칠 수 있음을 경고하는 표준적인 미래예측 관련 문구가 포함되어 있습니다.
Tenaris a annoncé que, dans le cadre de la première tranche de son programme de rachat d'actions de USD1.2 billion (jusqu'à USD600 million devant être exécutés sur le marché), il a racheté 3,813,885 actions ordinaires du 4 au 8 août 2025 pour un montant total de €58,467,805 (soit USD67,863,378). Au 8 août 2025, la société détenait 26,534,450 actions propres, soit 2.48% du capital social émis. Tenaris indique qu'il entend annuler les actions propres acquises dans le cadre du programme en temps voulu et publie les détails des transactions sur son site investisseurs.
L'annonce inclut également une déclaration prospective standard précisant que les résultats peuvent être affectés par des risques tels que l'évolution future des prix du pétrole et du gaz.
Tenaris teilte mit, dass es im Rahmen der ersten Tranche seines Aktienrückkaufprogramms über USD1.2 billion (wobei bis zu USD600 million am Aktienmarkt ausgeführt werden sollen) 3,813,885 Stammaktien vom 4. bis 8. August 2025 zurückgekauft hat – für einen Gesamtbetrag von €58,467,805 (entsprechend USD67,863,378). Zum 8. August 2025 hielt das Unternehmen 26,534,450 eigene Aktien, was 2.48% des ausgegebenen Aktienkapitals entspricht. Tenaris erklärt, dass es beabsichtigt, die im Rahmen des Programms erworbenen eigenen Aktien zu einem späteren Zeitpunkt zu annullieren, und stellt die Transaktionsdetails auf seiner Investorenseite bereit.
Die Mitteilung enthält außerdem eine standardmäßige zukunftsgerichtete Erklärung, die darauf hinweist, dass die Ergebnisse durch Risiken wie die künftige Entwicklung der Öl‑ und Gaspreise beeinflusst werden können.
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 August 8, 2025
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 (August 4, 2025 – August 8, 2025) on the First 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: August 8, 2025
Tenaris, S.A.
By: /s/ Giovanni Sardagna
Giovanni Sardagna
Investor Relations Officer
 |  |
Giovanni Sardagna
Tenaris
1-888-300-5432
www.tenaris.com
Weekly Report (August 4, 2025 – August 8, 2025) on the First Tranche of Tenaris Share Buyback Program.
Luxembourg, August 8, 2025. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its First Tranche of the USD1.2 billion Share Buyback Program announced on June 6, 2025, covering up to USD 600 million to be executed in the open market, it has repurchased the following ordinary shares from August 4, 2025 to (and including) August 8, 2025:
From August 4, 2025 to (and including) August 8, 2025, the Company has purchased a total of 3,813,885 ordinary shares for a total consideration of €58,467,805, equivalent to USD67,863,378.
As of August 8, 2025, the Company held in treasury 26,534,450 ordinary shares equal to 2.48% 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.
FAQ
How many shares did Tenaris (TS) repurchase from August 4 to August 8, 2025?
What was the total cost of Tenaris's (TS) buybacks for August 4–8, 2025?
How many treasury shares does Tenaris (TS) hold after these purchases?
Are the repurchased shares going to be cancelled?
Under which program were these shares repurchased?
Where can I find more details about the buyback transactions?
