TS Tenaris

FORM 6 - K

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

 

 

As of December 8^th, 2023

 

TENARIS, S.A.

(Translation of Registrant's name into English)

 

26, Boulevard Royal, 4th floor

L-2449 Luxembourg

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F.

 

Form 20-F ✓ Form 40-F ___

 

 

The attached material is being furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenaris’s Weekly Report (December 4, 2023 – December 8, 2023) on the First Tranche of Tenaris Share Buyback Program.

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

Date: December 8^th, 2023

 

 

 

Tenaris, S.A.

 

 

 

 

By: /s/ Giovanni Sardagna

Giovanni Sardagna

Investor Relations Officer

 

 

 

 

 

Giovanni Sardagna

Tenaris

1-888-300-5432

www.tenaris.com

 

 

Weekly Report (December 4, 2023 – December 8, 2023) on the First Tranche of Tenaris Share Buyback Program

 

Luxembourg, December 8, 2023. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its First Tranche of the Share Buyback Program announced on November 5, 2023, covering up to US$300 million to be executed in the open market, it has repurchased the following ordinary shares from December 4 to (and including) December 8, 2023:

 

Date	Trading Venue	Shares Purchased	Weighted Average Price (EUR)	Purchases in EUR	Reference FX	Purchases in USD
07-dic-23	MTA	603,728	15.6413	9,443,091	1.0791	10,190,039
07-dic-23	CEUX	284,189	15.6423	4,445,370	1.0791	4,796,998
07-dic-23	TQEX	29,049	15.6440	454,443	1.0791	490,389
07-dic-23	AQXE	28,377	15.6448	443,952	1.0791	479,069
		945,343	15.6418	14,786,855		15,956,496

 

From November 6, 2023 to (and including) December 8, 2023, the Company has purchased a total of 9,886,198 ordinary shares for a total consideration of €155,520,225, equivalent to US$168,648,459.

 

As of December 8, 2023, the Company held in treasury 9,886,198 ordinary shares equal to 0.84% of the total issued share capital.

 

Tenaris intends to cancel all shares purchased under the Program in due course.

 

Details of the above transactions, are available on Tenaris’s corporate website under the Share Buyback Program Section https://ir.tenaris.com/share-buyback-program.

 

 

Some of the statements contained in this press release are “forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.

 

Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

 

 

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