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Tenaris S.A.

Foreign Filer Report Mar 11, 2024

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6-K 1 f6k_030824.htm FORM 6-K

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 March 8, 2024

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 ____

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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 (March 4, 2024 – March 8, 2024) on the Second 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: March 8, 2024

Tenaris, S.A.

By: /s/ Giovanni Sardagna

Giovanni Sardagna

Investor Relations Officer

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Giovanni Sardagna

Tenaris

1-888-300-5432

www.tenaris.com

Weekly Report (March 4, 2024 - March 8, 2024) on the Second Tranche of Tenaris Share Buyback Program

Luxembourg, March 8, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Second Tranche of the Share Buyback Program announced on February 25, 2024, covering up to $300 million to be executed in the open market, it has repurchased the following ordinary shares from March 4 to (and including) March 8, 2024:

Date Trading Venue Shares Purchased Weighted Average Price (EUR) Purchases in EUR Reference FX Purchases in USD
04-mar-24 MTAA 783,800 16.4000 12,854,320 1.0863 13,963,648
04-mar-24 CEUX 316,000 16.3996 5,182,274 1.0863 5,629,504
04-mar-24 TQEX 43,000 16.4025 705,308 1.0863 766,176
05-mar-24 MTAA 813,000 16.8639 13,710,351 1.0871 14,904,522
05-mar-24 CEUX 316,000 16.8870 5,336,292 1.0871 5,801,083
05-mar-24 TQEX 45,000 16.8722 759,249 1.0871 825,380
06-mar-24 MTAA 851,000 17.1814 14,621,371 1.0907 15,947,530
06-mar-24 CEUX 329,000 17.1772 5,651,299 1.0907 6,163,872
06-mar-24 TQEX 48,555 17.1807 834,209 1.0907 909,872
07-mar-24 MTAA 882,000 17.2900 15,249,780 1.0928 16,664,960
07-mar-24 CEUX 342,000 17.2926 5,914,069 1.0928 6,462,895
07-mar-24 TQEX 51,000 17.2850 881,535 1.0928 963,341
08-mar-24 MTAA 908,000 17.3374 15,742,359 1.0960 17,253,626
08-mar-24 CEUX 351,837 17.3380 6,100,150 1.0960 6,685,764
08-mar-24 TQEX 52,752 17.3414 914,794 1.0960 1,002,614
6,132,944 17.0322 104,457,359 113,944,785

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From March 4, 2024 to (and including) March 8, 2024, the Company has purchased a total of 6,132,944 ordinary shares for a total consideration of €104,457,359, equivalent to USD113,944,785.

As of March 8, 2024, the Company held in treasury 28,877,456 ordinary shares (including 17,779,302 ordinary shares bought in the first tranche), equal to 2.45% 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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