Tenaris Expands Second Tranche of $1.2 Billion Share Buyback With New Weekly Purchases

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

Between February 16 and February 20, 2026, Tenaris S.A. continued executing the second tranche of its previously announced USD 1.2 billion share buyback program, focused on repurchasing up to USD 600 million of shares in the open market. Over that week, the company bought 13,176 ordinary shares for €283,388 (about USD 334,944), bringing its treasury stock to 62,352,601 shares, or 5.82% of issued capital, which Tenaris plans to cancel in due course, signaling an ongoing effort to return capital to shareholders and manage its capital structure.

The most recent analyst rating on (TS) stock is a Buy with a $56.00 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.

The score is driven primarily by strong financial fundamentals, especially the very conservative balance sheet and generally solid profitability/cash generation despite cyclicality. Valuation is supportive with a moderate P/E and solid yield. Technicals remain bullish but are stretched (overbought), and the earnings call points to near-term margin pressure from tariffs and raw materials even as management expects stability and continued offshore-driven demand.

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

More about Tenaris SA

Tenaris S.A. is a leading global supplier of steel tubes and related services for the world’s energy industry and selected industrial applications. The company’s products support oil and gas exploration, production, and other industrial projects, positioning it as a key player in tubular solutions for energy infrastructure worldwide.

Average Trading Volume: 1,274,286

Technical Sentiment Signal: Buy

Current Market Cap: $26.6B

For an in-depth examination of TS stock, go to TipRanks’ Overview page.