Tenaris Completes $600M Share Buyback Tranche
Ticker: TNRSF · Form: 6-K · Filed: Oct 1, 2025 · CIK: 1190723
| Field | Detail |
|---|---|
| Company | Tenaris SA (TNRSF) |
| Form Type | 6-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, sec-filing
TL;DR
Tenaris just finished buying back $600M in stock, signaling confidence.
AI Summary
On September 30, 2025, Tenaris S.A. announced the completion of the first tranche of its share buyback program, totaling USD 600 million. This action was detailed in a Form 6-K filing with the SEC.
Why It Matters
The completion of a significant share buyback program can signal management's confidence in the company's valuation and potentially increase earnings per share.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a completed share buyback program and does not introduce new material risks.
Key Numbers
- $600 million — Share Buyback Program Tranche (Represents the total amount spent on repurchasing shares in the first tranche.)
Key Players & Entities
- Tenaris S.A. (company) — Registrant and issuer of the filing
- USD 600 million (dollar_amount) — Total value of the completed share buyback tranche
- September 30, 2025 (date) — Date of the announcement and completion of the share buyback tranche
- Giovanni Sardagna (person) — Signed the filing on behalf of Tenaris, S.A.
FAQ
What is the total value of the share buyback program announced by Tenaris?
The filing states that Tenaris completed the first tranche of its share buyback program for USD 600 million.
When was the first tranche of the share buyback program completed?
The first tranche of the share buyback program was completed as of September 30, 2025.
What type of SEC filing is this report?
This is a Form 6-K report, which is a Report of Foreign Private Issuer.
Who signed this filing on behalf of Tenaris, S.A.?
Giovanni Sardagna signed the filing on behalf of Tenaris, S.A.
What is the principal executive office address of Tenaris, S.A.?
The principal executive offices are located at 26, Boulevard Royal, 4th floor, L-2449 Luxembourg.
Filing Stats: 428 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2025-09-30 19:58:48
Filing Documents
- f6k_093025.htm (6-K) — 10KB
- hdr.jpg (GRAPHIC) — 6KB
- hdr2.jpg (GRAPHIC) — 8KB
- 0001171843-25-006202.txt ( ) — 30KB
From the Filing
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 September 30, 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 ✓ 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 Press Release announcing Tenaris completes USD600 million First Tranche of its 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: September 30, 2025 Tenaris, S.A. By: /s/ Giovanni Sardagna Giovanni Sardagna Investor Relations Officer Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com Tenaris completes USD600 million First Tranche of its Share Buyback Program. Luxembourg, September 30, 2025. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the first USD600 million tranche of its USD1.2 billion Share Buyback Program announced on June 6, 2025 (the “Program”). During this first tranche, which ran from June 9, 2025, to (and including) September 30, 2025, the Company purchased a total of 33,059,955 ordinary shares, representing 3.08% of its total issued share capital, for a total consideration of €516,588,880, or approximately USD600 million. As of September 30, 2025, the 33,059,955 ordinary shares that the Company bought in the first tranche of the Program are held in treasury. Tenaris intends to cancel all treasury shares purchased under the Program 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 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.