6-K 1 f6k_111723.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 November 17th, 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 (November 13, 2023 - November 17, 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: November 17th, 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 (November 13, 2023 - November 17, 2023) on the First Tranche of Tenaris Share Buyback Program

 

Luxembourg, November 17, 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 $300 million to be executed in the open market, it has repurchased the following ordinary shares from November 13 to (and including) November 17, 2023:

 

Date Trading Venue Shares Purchased Weighted Average Price (EUR) Purchases in EUR Reference FX Purchases in USD
16-nov-23 MTA 606,482 15.8337 9,602,854 1.0866 10,433,981
16-nov-23 CEUX 285,810 15.8455 4,528,802 1.0866 4,920,770
16-nov-23 TQEX 29,049 15.7835 458,495 1.0866 498,178
16-nov-23 AQXE 28,377 15.7833 447,883 1.0866 486,647
17-nov-23 MTA 480,897 15.6019 7,502,892 1.0878 8,161,271
17-nov-23 CEUX 229,137 15.6017 3,574,934 1.0878 3,888,634
17-nov-23 TQEX 27,032 15.6068 421,882 1.0878 458,902
17-nov-23 AQXE 26,106 15.6080 407,461 1.0878 443,216
    1,712,890 15.7308 26,945,203   29,291,599

 

 

From November 6, 2023 to (and including) November 17, 2023, the Company has purchased a total of 4,894,360 ordinary shares for a total consideration of €78,238,435, equivalent to USD84,282,922.

 

As of November 17, 2023, the Company held in treasury 4,894,360 ordinary shares equal to 0.41% 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.