Tenaris Ends $1.2B Buyback Tranche and Files 2025 Annual Report

TSTS

Tenaris filed its 2025 Annual Report on March 30, 2026, including consolidated financial statements, sustainability statement, management certifications and external auditors’ reports, and will publish its Form 20-F on March 31. The company terminated the second tranche of its $1.2 billion share buyback program effective March 3, 2026.

1. 2025 Annual Report Filed

Tenaris filed its 2025 Annual Report with the Luxembourg Stock Exchange and other securities regulators on March 30, 2026. The report includes consolidated financial statements for the year ended December 31, 2025, annual accounts, a statutory sustainability statement, management certifications and external auditors’ reports, and the Form 20-F will be filed on March 31, 2026.

2. Buyback Program Tranche Termination

The company terminated the second tranche of its $1.2 billion share buyback program effective March 3, 2026. This suspension pauses repurchases of ordinary shares and ADSs under the program, potentially preserving capital or reflecting a shift in strategic allocation.

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