Tenaris Shareholders Approve Key Resolutions and Capital Reduction

The latest update is out from Tenaris SA ( (TS) ).

On May 6, 2025, Tenaris S.A. held its annual and extraordinary general meetings where shareholders approved all resolutions, including the consolidated financial statements for 2024 and an annual dividend of US$0.83 per share. The meetings also resulted in the reappointment of board members, approval of board compensation, and the appointment of a new statutory auditor. Additionally, the extraordinary meeting approved the cancellation of 90,762,598 treasury shares, reducing the company’s share capital, and renewed authorizations for share capital management.

Spark’s Take on TS Stock

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

Tenaris SA’s overall stock score reflects robust financial health, characterized by strong profitability, a solid balance sheet, and healthy cash flows. While technical indicators show some bearish signals, the company’s reasonable valuation and healthy dividend yield support a positive outlook. Earnings call insights reveal both opportunities and challenges, such as strong cash flow and geopolitical uncertainties.

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: 1,831,287

Technical Sentiment Signal: Hold

Current Market Cap: $19.94B

See more insights into TS stock on TipRanks’ Stock Analysis page.