Tenaris

TS

Market cap $20.8B

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LUXEMBOURG, Nov. 02, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD 1.2 billion Share Buyback Program (the “Program”) announced on May 27, 2025, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”) for the execution of its second tranche, covering up to the remainder USD 600 million of the Program (excluding customary transaction fees). This second tranche shall start on November 3, 2025, and end no later than April 30, 2026.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

Tenaris S.A. ( TS ) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Giovanni Sardagna - Investor Relations Director Paolo Rocca - Chairman & CEO Guillermo Moreno - President of U.S.A Gabriel Podskubka - Chief Operating Officer Carlos Gomez Alzaga - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Matthew Smith - BofA Securities, Research Division Marc Bianchi - TD Cowen, Research Division Alessandro Pozzi - Mediobanca - Banca di credito finanziario S.p.A.

While the top- and bottom-line numbers for Tenaris (TS) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 3.56%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

LUXEMBOURG, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the first USD600 million tranche of its USD1.2 billion Share Buyback Program announced on June 6, 2025 (the “Program”).

LUXEMBOURG, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”, or the “Company”) announced that its indirect controlling shareholder San Faustin S.A. and its direct controlling shareholder Techint Holdings S.à r.l. (the “Reporting Persons”) filed earlier today with the SEC an amendment to their Schedule 13D, reporting that, for portfolio-management purposes and in response to Tenaris's ongoing share repurchase program causing San Faustin's beneficial ownership interest in Tenaris to passively increase, on September 17, 2025, the board of directors of San Faustin had authorized Techint Holdings to sell a number of its ordinary shares of Tenaris, provided that Techint Holdings' ownership stake in Tenaris should not fall below 67% of Tenaris's total outstanding ordinary shares.  The Reporting Persons stated that the precise timing, amount and manner of any such sales will depend upon market conditions and other factors, and that there is no assurance that any sales will be completed or the timing thereof. The Reporting Persons also noted that, although they do not currently intend to purchase ordinary shares or to reduce their beneficial ownership below 67% of Tenaris's total outstanding ordinary shares, they may from time to time, depending on market conditions and other factors, purchase or sell additional ordinary shares, and that, except as described above, they do not have any present plans or proposals that relate to or would result in any extraordinary corporate transaction or lead to the acquisition of additional securities.

Despite weaker U.S. prices and global drilling slowdown, Tenaris delivered strong Q2 2025 results, with 56% net income growth and resilient margins thanks to disciplined cost control and product mix. The company holds a solid net cash position of $3.7B, enabling shareholder returns through $600M in dividends and $237M in buybacks, even in a challenging energy cycle. Tenaris trades at compelling valuation levels—9.9x P/E FWD and 5.8x EV/EBITDA FWD—offering downside protection and long-term upside as energy demand recovers.