tiprankstipranks
Trending News
More News >

Tenaris S.A. Approves Financial Statements and Dividend at Annual Meeting

Story Highlights
  • Tenaris S.A. approved its 2024 financial statements and a dividend of US$0.83 per share.
  • The company re-elected its board, approved 2025 compensation, and authorized securities acquisition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Tenaris SA ( (TS) ).

On May 6, 2025, Tenaris S.A. held its Annual General Meeting of Shareholders in Luxembourg, where several key resolutions were adopted. The shareholders approved the company’s consolidated financial statements and annual accounts for the year ended December 31, 2024. They also agreed on a dividend payment of US$0.83 per share, with the balance to be paid on May 21, 2025. The meeting further re-elected the board members, approved their compensation for 2025, and appointed Forvis Mazars as the statutory auditor. Additionally, the meeting authorized the company and its subsidiaries to purchase or acquire company securities, reflecting a strategic move to manage its capital structure effectively.

Spark’s Take on TS Stock

According to Spark, TipRanks’ AI Analyst, TS is a Outperform.

Tenaris SA’s overall stock score reflects robust financial health, characterized by strong profitability, a solid balance sheet, and healthy cash flows. While technical indicators show some bearish signals, the company’s reasonable valuation and healthy dividend yield support a positive outlook. Earnings call insights reveal both opportunities and challenges, such as strong cash flow and geopolitical uncertainties.

To see Spark’s full report on TS stock, click here.

More about Tenaris SA

Tenaris S.A. operates in the steel industry, primarily focusing on the manufacture and supply of steel pipes and related services for the energy industry and other industrial applications. The company is headquartered in Luxembourg and serves a global market.

Average Trading Volume: 1,831,287

Technical Sentiment Signal: Hold

Current Market Cap: $19.94B

See more data about TS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App