TS Tenaris S.A. ADS

Tenaris Temporarily Suspends Operations at certain U.S. Facilities

Tenaris Temporarily Suspends Operations at certain U.S. Facilities

LUXEMBOURG, April 13, 2020 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and MTA Italy: TEN) announced that, in response to an adverse scenario of declining oil and gas prices, unprecedented oversupply in the oil market, and operational restrictions originated by the COVID-19 crisis, the company is restructuring its operations in the United States.

Tenaris’s facilities in Koppel and Ambridge, PA, Brookfield, OH, and Baytown, TX, have been or will be temporarily closed until market conditions improve. In addition, Tenaris will be performing employee reductions and adjusting production levels at its other facilities in line with market demand.  

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements.

Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

Giovanni Sardagna

Tenaris

1-888-300-5432

EN
13/04/2020

Underlying

TSTenaris S.A. ADS

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tenaris S.A. ADS

 PRESS RELEASE
Free
TS Tenaris S.A. AD...

Tenaris Announces 2025 Second Quarter Results

Tenaris Announces 2025 Second Quarter Results The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on ...

July 30, 2025 1 EN
 PRESS RELEASE
Free
TS Tenaris S.A. AD...

Tenaris anuncia los resultados del segundo trimestre de 2025

Tenaris anuncia los resultados del segundo trimestre de 2025 La información financiera y operativa incluida en este comunicado de prensa está basada en estados contables intermedios consolidados condensados no auditados presentados en dólares estadounidenses (USD) y preparados de acuerdo con las Normas Internacionales de Información Financiera, según fueron emitidas por la Junta de Normas Internacionales de Contabilidad y adoptadas por la Unión Europea (NIIF). Asimismo, este comunicado de prensa incluye medidas alternativas del rendimiento que no son NIIF, es decir, EBITDA, Flujo libre de e...

July 30, 2025 1 EN
 PRESS RELEASE
Free
TS Tenaris S.A. AD...

Tenaris provides information pursuant to Luxembourg Transparency Law

Tenaris provides information pursuant to Luxembourg Transparency Law LUXEMBOURG, June 18, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”, or the “Company”) announced today that the Company’s controlling shareholder, San Faustin S.A. (“San Faustin”), has notified the Company that, as a result of Tenaris’s open market repurchases of own shares under its share buyback program publicly announced on May 27, 2025, San Faustin has passively crossed a voting rights threshold triggering a notice requirement under the Luxembourg Transparency Law. On the...

June 18, 2025 1 EN
 PRESS RELEASE
Free
TS Tenaris S.A. AD...

Tenaris proporciona información conforme a la Ley de Transparencia de ...

Tenaris proporciona información conforme a la Ley de Transparencia de Luxemburgo LUXEMBOURG, June 18, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE y México: TS y EXM Italia: TEN) (“Tenaris”, o la “Compañía”) anunció hoy que su accionista controlante, San Faustin S.A. (“San Faustin”), ha notificado a la Compañía que, como resultado de las recompras de acciones propias realizadas por Tenaris en el mercado abierto en virtud de su programa de recompra de acciones, anunciado públicamente el 27 de mayo de 2025, San Faustin ha superado pasivamente un umbral de derechos de voto que requiere ser no...

June 18, 2025 1 EN
 PRESS RELEASE
Free
TS Tenaris S.A. AD...

Tenaris to Commence a USD 600 million First Tranche of its USD 1.2 Bil...

Tenaris to Commence a USD 600 million First Tranche of its USD 1.2 Billion Share Buyback Program LUXEMBOURG, June 06, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Share Buyback Program (the “Program”) announced on May 27, 2025, covering up to USD 1.2 billion, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”). The Bank will make its trading decisions concerning the timing of the purchases of Tenaris’s ordinary shares independently of and uninfluen...

June 6, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch