tiprankstipranks
Trending News
More News >

Tenaris Completes First Tranche of Share Buyback Program

Story Highlights
  • Tenaris completed the first tranche of its USD 1.2 billion Share Buyback Program.
  • The company repurchased 1,702,505 shares, holding 1.44% of its total share capital in treasury.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tenaris Completes First Tranche of Share Buyback Program

Don’t Miss TipRanks’ Half-Year Sale

Tenaris SA ( (TS) ) has provided an update.

Tenaris S.A. announced the completion of the first tranche of its USD 1.2 billion Share Buyback Program, which was initially announced on June 6, 2025. From June 30 to July 4, 2025, the company repurchased 1,702,505 ordinary shares for a total of €27,200,630, equivalent to USD 31,975,944. As of July 4, 2025, Tenaris held 15,396,773 ordinary shares in treasury, representing 1.44% of its total issued share capital. The company plans to cancel these treasury shares in due course, which may impact its share capital structure and market positioning.

The most recent analyst rating on (TS) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Tenaris SA stock, see the TS Stock Forecast page.

Spark’s Take on TS Stock

According to Spark, TipRanks’ AI Analyst, TS is a Outperform.

Tenaris SA’s strong financial performance and attractive valuation are significant strengths, supporting its resilience amidst industry challenges. Technical indicators suggest positive momentum, although caution is warranted due to potential overbought conditions. Earnings call insights highlight both opportunities and challenges, balancing the overall outlook.

To see Spark’s full report on TS stock, click here.

More about Tenaris SA

Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

Average Trading Volume: 1,738,449

Technical Sentiment Signal: Strong Buy

Current Market Cap: $20.45B

Find detailed analytics on TS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1