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 15th, 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 11, 2023 – December 15, 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 15th, 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 11, 2023 – December 15, 2023) on the First Tranche of Tenaris Share Buyback Program

 

Luxembourg, December 15, 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 11 to (and including) December 15, 2023:

 

 

Date Trading Venue Shares Purchased Weighted Average Price (EUR) Purchases in EUR Reference FX Purchases in USD
11-dic-23 MTA 605,711 15.5650 9,427,892 1.0769 10,152,425
11-dic-23 CEUX 285,358 15.5656 4,441,768 1.0769 4,783,118
11-dic-23 TQEX 27,586 15.5699 429,511 1.0769 462,519
11-dic-23 AQXE 28,377 15.5679 441,770 1.0769 475,720
12-dic-23 MTA 606,482 15.3743 9,324,236 1.0745 10,018,426
12-dic-23 CEUX 285,810 15.3781 4,395,215 1.0745 4,722,438
12-dic-23 TQEX 29,246 15.3792 449,780 1.0745 483,266
12-dic-23 AQXE 28,377 15.3793 436,418 1.0745 468,910
13-dic-23 MTA 534,548 15.3222 8,190,451 1.0782 8,830,535
13-dic-23 CEUX 273,493 15.3237 4,190,925 1.0782 4,518,445
13-dic-23 TQEX 28,452 15.3245 436,013 1.0782 470,087
13-dic-23 AQXE 27,425 15.3243 420,269 1.0782 453,113
14-dic-23 MTA 82 15.2600 1,251 1.0795 1,351
14-dic-23 TQEX 246 15.2600 3,754 1.0795 4,052
14-dic-23 AQXE 700 15.2600 10,682 1.0795 11,531
    2,761,893 15.4242 42,599,936   45,855,937

 

 

 

 

 

 

 

From November 6, 2023 to (and including) December 15, 2023, the Company has purchased a total of 12,648,091 ordinary shares for a total consideration of €198,120,161, equivalent to US$214,504,396.

 

As of December 15, 2023, the Company held in treasury 12,648,091 ordinary shares equal to 1.07% 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.