Tenaris provides information pursuant to Luxembourg Transparency Law

Key Takeaways:

• Tenaris announced a notification from its controlling shareholder.
• Share buyback program initiated on May 27, 2025.
• San Faustin S.A.’s notification is a result of share repurchases.
• Announcement made under Luxembourg Transparency Law.
• Further details are available on Benzinga.com.

Tenaris Announces Shareholder Notification Following Share Buyback

Tenaris S.A. (NYSE and Mexico: TS; EXM Italy: TEN) has announced that its controlling shareholder, San Faustin S.A., has notified the company of changes resulting from Tenaris’s recent share repurchase activities.

Details of the Share Buyback Program

On May 27, 2025, Tenaris publicly announced the initiation of an open market share buyback program. Through this program, the company has been repurchasing its own shares, an action that can influence ownership distribution and share value.

Notification from Controlling Shareholder

As a direct result of these share repurchases, San Faustin S.A.—Tenaris’s controlling shareholder—has issued an official notification to the company. While specific details of the notification were not disclosed, such communications are customary when significant ownership changes occur due to corporate actions like share buybacks.

Regulatory Compliance and Transparency

This announcement was made pursuant to the Luxembourg Transparency Law, demonstrating Tenaris’s commitment to regulatory compliance and maintaining transparency with its shareholders and the public. The law requires companies to disclose important information that may affect investment decisions.

Conclusion

Tenaris’s recent activities underline its strategic financial decisions and adherence to transparency regulations. Stakeholders and investors may find this development significant, and further information is available on Benzinga.com.