Tenaris reported first-half 2026 net sales of $6.07 billion and operating income of $1.08 billion. The company paid a final annual dividend of US$0.60 per share on May 20, 2026, following an interim payment in November 2025. It also repurchased approximately $90 million in shares during the period and cancelled over 62 million treasury shares, reducing issued capital to $1.01 billion. Tenaris announced the acquisition of Artrom Steel Tubes S.A. for EUR86 million, expected to close in Q4 2026. Board changes included the resignation of Jaime Serra Puche and appointment of Alicia Móndolo. The company operates as a global manufacturer and supplier of steel pipe products and related services for the energy industry.

Tenaris S.A. filed its Consolidated Condensed Interim Financial Statements for the six-month period ended June 30, 2026. Net sales increased to $6,067 million from $6,008 million in the prior year period. Operating income declined to $1,078 million from $1,133 million, driven by higher cost of sales and selling expenses. Income attributable to shareholders' equity decreased slightly to $1,018 million from $1,038 million. The company paid dividends totaling $605.8 million during the period and repurchased treasury shares worth $89.6 million. Additionally, an extraordinary general meeting approved the cancellation of 62.4 million ordinary shares held in treasury on May 12, 2026. Tenaris operates in the steel pipe manufacturing and distribution industry.

Tenaris reported second-quarter 2026 net income of $492 million ($0.95 per ADS), a 9% decline from the prior year period, driven by a 4% drop in sales to $2,967 million due to shipment postponements in the Middle East following the Strait of Hormuz closure. EBITDA fell 11% to $649 million as higher logistics and raw material costs compressed margins. The company generated $396 million in free cash flow and paid $606 million in dividends, maintaining a net cash position of $3.6 billion. Additionally, the Board appointed Alicia Móndolo and Maria Novales-Flamarique to replace resigning directors Jaime Serra Puche and Germán Curá. Tenaris manufactures tubular products for the oil and gas industry.