<SEC-DOCUMENT>0001171843-25-005985.txt : 20250919
<SEC-HEADER>0001171843-25-005985.hdr.sgml : 20250919
<ACCEPTANCE-DATETIME>20250919173044
ACCESSION NUMBER:		0001171843-25-005985
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250919
FILED AS OF DATE:		20250919
DATE AS OF CHANGE:		20250919

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TENARIS SA
		CENTRAL INDEX KEY:			0001190723
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31518
		FILM NUMBER:		251327756

	BUSINESS ADDRESS:	
		STREET 1:		26, BOULEVARD ROYAL, 4TH FLOOR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2449
		BUSINESS PHONE:		1-888-300-5432

	MAIL ADDRESS:	
		STREET 1:		26, BOULEVARD ROYAL, 4TH FLOOR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2449
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_091925.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html>
<head>
     <title></title>
</head>
<body style="font: 10pt Times New Roman, Times, Serif">

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>FORM 6 - K</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>&nbsp;</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>&nbsp;</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>&nbsp;</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">Washington, D.C. 20549</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>Report of Foreign Private Issuer</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>Pursuant to Rule 13a - 16 or 15d - 16 of</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>the Securities Exchange Act of 1934</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0"><b>As of September 19, 2025</b></p>

<p style="font-size: 10pt; margin: 0pt 0"><b>&nbsp;</b></p>

<p style="font-size: 10pt; margin: 0pt 0"><b>&nbsp;</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0"><b>TENARIS, S.A.</b></p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">(Translation of Registrant's name into English)</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">26, Boulevard Royal, 4th floor</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">L-2449 Luxembourg</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">(Address of principal executive offices)</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; text-indent: 21.3pt; margin: 0pt 2.45pt 0pt 0">Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or 40-F.</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">Form 20-F <u>&#8239;&#8239;&check;&#8239;</u> Form 40-F ___</p>

<p style="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></div>
    <!-- Field: /Page -->

<p style="margin: 0pt 0; font-size: 10pt">The attached material is being furnished to the Securities and Exchange Commission pursuant
to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenaris&rsquo;s Press Release
announcing Tenaris&rsquo;s controlling shareholder files an amendment to Schedule 13D in response to Tenaris&rsquo;s ongoing share buyback
program.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">.</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">SIGNATURE</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">Date: September 19, 2025</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Tenaris, S.A.</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">By: /s/ Giovanni Sardagna&#9;</p>

<p style="font-size: 10pt; margin: 0pt 0">Giovanni Sardagna</p>

<p style="font-size: 10pt; margin: 0pt 0">Investor Relations Officer</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="margin: 0pt 0; font-size: 10pt"></p>

<!-- Field: Page; Sequence: 2 -->
    <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></div>
    <!-- Field: /Page -->

<p style="margin: 0pt 0; font-size: 10pt">&nbsp;</p>

<p style="margin: 0pt 0; font-size: 10pt">&nbsp;<img src="hdr.jpg" alt=""></p>

<p style="margin: 0pt 0; font-size: 10pt">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: silver">Giovanni Sardagna&#9;</p>

<p style="font-size: 10pt; margin: 0pt 0; color: silver">Tenaris</p>

<p style="font-size: 10pt; margin: 0pt 0; color: silver">1-888-300-5432</p>

<p style="font-size: 10pt; margin: 0pt 0; color: silver">www.tenaris.com</p>

<p style="font-size: 10pt; margin: 0pt 0; color: red"><b>&nbsp;</b></p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="margin: 0pt 0; font-size: 14pt; color: rgb(0,153,0)"><b>Tenaris&rsquo;s controlling shareholder files an amendment to Schedule
13D in response to Tenaris&rsquo;s ongoing share buyback program</b></p>

<p style="font-size: 10pt; margin: 0pt 0; color: #009900">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0"><b>Luxembourg, September 19, 2025. -</b> Tenaris S.A. (NYSE and Mexico:
TS and EXM Italy: TEN) (&ldquo;Tenaris&rdquo;, or the &ldquo;Company&rdquo;) announced that its indirect controlling shareholder San Faustin
S.A. and its direct controlling shareholder Techint Holdings S.&agrave; r.l. (the &ldquo;Reporting Persons&rdquo;) filed earlier today
with the SEC an amendment to their Schedule 13D, reporting that, for portfolio-management purposes and in response to Tenaris&rsquo;s
ongoing share repurchase program causing San Faustin&rsquo;s beneficial ownership interest in Tenaris to passively increase, on September
17, 2025, the board of directors of San Faustin had authorized Techint Holdings to sell a number of its ordinary shares of Tenaris, provided
that Techint Holdings&rsquo; ownership stake in Tenaris should not fall below 67% of Tenaris&rsquo;s total outstanding ordinary shares.
&nbsp;The Reporting Persons stated that the precise timing, amount and manner of any such sales will depend upon market conditions and
other factors, and that there is no assurance that any sales will be completed or the timing thereof. The Reporting Persons also noted
that, although they do not currently intend to purchase ordinary shares or to reduce their beneficial ownership below 67% of Tenaris&rsquo;s
total outstanding ordinary shares, they may from time to time, depending on market conditions and other factors, purchase or sell additional
ordinary shares, and that, except as described above, they do not have any present plans or proposals that relate to or would result in
any extraordinary corporate transaction or lead to the acquisition of additional securities.&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0"><i>&nbsp;</i></p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0"><i>Some of the statements contained in this press release are &ldquo;forward-looking
statements&rdquo;. Forward-looking statements are based on management&rsquo;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.
These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment
programs by oil and gas companies. </i></p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0"><i>Tenaris is a leading global supplier of steel tubes and related services
for the world&rsquo;s energy industry and certain other industrial applications.</i></p>

<p style="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</p>

<p style="font-size: 10pt; margin: 0pt 0">&nbsp;</p>

<p style="margin: 0pt 0; font-size: 10pt">&nbsp;</p>

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>hdr.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hdr.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  U K$# 2(  A$! Q$!_\0
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MWM&F8PPR%=R+V!^7K5+^R?B%_P!#CI/YK_\ $5TJBFOCC^)S/$U$[*"^Y_\
MR9O?\+'M?[^F_P#@5)_\;H_X6/:_W]-_\"I/_C=8/]D_$+_H<=)_-?\ XBC^
MR?B'_P!#CI/YK_\ $4_8+_GY'\0^M5?Y%]S_ /DST?1-436=+CO4,15RP_=.
M67@XZD#^5:-8WA:'4[?0(8]7OH;V]#/OGAQM8;CCH!T&!6F]W;1.4DN(D8=5
M9P"*YI*SM>YT1;DKO^OS)J*K_;[/_G[@_P"_@H^WV?\ S]P?]_!2&6**0$,H
M92"#R".]+0 4444 %%%% !1110 4444 %%0&\M5<HUS"&!P5+C.:GH ****
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MSM*CY=W7IQ71>(M/FU7P[?V%N4$UQ"T:%S@9/K5K3K=[33+2VD(+Q0HC8Z9
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
;!1110 4444 %%%% !1110 4444 %%%% '__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
