Company: TNRSF
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001171843-25-004951
Chunk: 29

Company: TENARIS SA
Filing Date: 2025-08-01
Form: 6-K
Chunk 29
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 purchase, acquire or receive, from
time to time, Company shares, including shares represented by ADRs, on such terms and conditions as may be approved by the board of directors
within the limit of the shareholders’ authorization.

Extraordinary General Meeting of Shareholders

The extraordinary general meeting of shareholders held immediately after the annual general
meeting, also approved all resolutions on its agenda. The extraordinary meeting resolved to approve the cancellation of 90,762,598 ordinary
shares held in treasury by the Company acquired throughout the share buyback programs and resolved to approve the corresponding reduction
of the issued share capital. As a result, effective May 6, 2025, the share capital of the Company was reduced from $1,162,757,528 (represented
by 1,162,757,528 shares with a par value of $1 per share) to $1,071,994,930 (represented by 1,071,994,930 shares with a par value of $1
per share). In addition, the extraordinary general meeting of shareholders resolved to renew the validity period of the authorized unissued
share capital, and granted related authorizations and waivers, including to suppress or limit pre-emptive subscription rights by the existing
shareholders. The extraordinary meeting also approved the corresponding amendments to article 5 of the articles of association to reflect
the adopted resolutions.

Copies of the minutes of the annual general meeting and extraordinary general meeting, and a
copy of the amended articles of association can be downloaded from Tenaris’s website at ir.tenaris.com/corporate-governance/annual-general-meeting.

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| Half-year report 2025 - Interim management report |

Share Buyback Programs

First Share Buyback Program

On November 1, 2023, the Company’s board of directors approved a share buyback program
of up to $1.2 billion, to be executed within a year, with the intention to cancel the ordinary shares acquired through the program. The
share buyback program was carried out under the authority granted by the annual general meeting of shareholders held on June 2, 2020,
up to a maximum of 10% of the Company’s shares.

For purposes of carrying out each tranche of the first share buyback program, the Company entered
into non-discretionary buyback agreements with primary financial institutions that made trading decisions concerning the timing of the
purchases of the Company’s ordinary shares independently of and uninfluenced