Tenaris Expands Second Tranche of USD 1.2 Billion Share Buyback With Mid-December Purchases

An announcement from Tenaris SA ( (TS) ) is now available.

Between December 15 and December 19, 2025, Tenaris S.A. executed a further portion of the second tranche of its previously announced USD 1.2 billion share buyback program, repurchasing 5,336,993 ordinary shares on the open market for a total consideration of €89.8 million (approximately USD 105.5 million). As of December 19, 2025, the company held 56,599,414 ordinary shares in treasury, representing 5.28% of its issued share capital, and has stated that it intends to cancel the treasury shares acquired under its buyback programs, underscoring an ongoing capital allocation strategy that may support earnings per share and signal confidence in its long‑term prospects to investors.

The most recent analyst rating on (TS) stock is a Hold with a $42.00 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 robust balance sheet are the most significant factors contributing to its score. The company’s valuation is attractive, with a reasonable P/E ratio and a solid dividend yield. However, technical indicators suggest the stock may be overbought in the short term. The earnings call provided a mixed outlook, with strong performance tempered by challenges such as tariffs and working capital issues.

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, primarily serving the world’s energy industry as well as certain other industrial applications, with its shares listed in New York, Mexico and Italy.

Average Trading Volume: 1,393,837

Technical Sentiment Signal: Buy

Current Market Cap: $20.36B

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