The latest update is out from Tenaris SA ( (TS) ).
On May 6, 2025, Tenaris S.A. held an Extraordinary General Meeting of Shareholders in Luxembourg, where significant resolutions were adopted. The company approved the cancellation of 90,762,598 treasury shares acquired through its share buyback programs, leading to a reduction of its issued share capital by the same amount. Additionally, the meeting resolved to renew the validity of the company’s authorized share capital and granted the Board of Directors the authority to issue shares and manage pre-emptive subscription rights for the next five years. These decisions aim to streamline the company’s capital structure and provide flexibility for future capital management strategies.
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
Average Trading Volume: 1,831,287
Technical Sentiment Signal: Hold
Current Market Cap: $19.94B
Find detailed analytics on TS stock on TipRanks’ Stock Analysis page.