Financial Institution

Tenaris (TS) has initiated the second $600 million tranche of its $1.2 billion share buyback program, scheduled from November 3, 2025, to April 30, 2026. A financial institution will execute the buyback independently, adhering to regulations and potentially purchasing shares during closed periods. Repurchased shares will be canceled, reducing the outstanding share count. The buyback, authorized by shareholders, aims to return capital, but faces risks linked to oil and gas prices.

PNC Financial Services Group declared quarterly dividends for common and preferred stock, signaling financial stability and commitment to shareholder returns. A $1.70 per share dividend on common stock is payable November 5, 2025, to shareholders of record October 14, 2025. Dividends were also announced for various preferred stock series with varying amounts and payment dates in November/December 2025. These dividends underscore PNC’s capital allocation strategy and confidence in navigating the current economic environment. Investors will monitor key performance metrics leading up to payment dates.