Repurchased own ordinary shares reached 5% of Tenaris’s voting rights; Tenaris’s controlling shareholder files amendment to Schedule 13D | TS Stock News

StockTitan
2025.12.17 14:30
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Tenaris S.A. announced that its share buyback program has reached 5.07% of its voting rights. The company's controlling shareholders, San Faustin S.A. and Techint Holdings, filed an amendment to Schedule 13D with the SEC. Techint Holdings sold 2.6 million shares and entered an agreement to sell up to 21 million shares by May 2026. The sales are part of a portfolio-management strategy and in response to Tenaris's share repurchase program.