As of January 2, 2026, Tenaris S.A. repurchased 3,320,025 ordinary shares for €54.58 million (USD 64.21 million) during the Second Tranche of its USD 1.2 billion Share Buyback Program effective December 29, 2025 to January 2, 2026. The company now holds 62,328,172 ordinary shares in treasury, representing 5.81% of total issued share capital.