Tenaris Reports Latest Purchases in Second Tranche of $1.2 Billion Share Buyback

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

Between February 23 and February 27, 2026, Tenaris S.A. repurchased 2,573 ordinary shares for a total consideration of €57,617, equivalent to USD67,913, as part of the second tranche of its USD1.2 billion share buyback program launched in November 2025. As of March 3, 2026, Tenaris held 62,355,174 ordinary shares in treasury, representing 5.82% of its total issued share capital, and it plans to cancel these treasury shares in due course, signaling continued capital management efforts that may enhance shareholder value and support its market positioning.

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 primarily for the world’s energy industry, as well as for certain other industrial applications. Listed on the NYSE, Mexico and EXM Italy, the company focuses on providing tubular products and solutions used in oil and gas exploration, production and other industrial sectors.

Average Trading Volume: 1,352,151

Technical Sentiment Signal: Buy

Current Market Cap: $29.13B

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