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TotalEnergies SE ( (FR:TTE) ) has issued an update.
TotalEnergies SE, under the authorization of its shareholders, announced the repurchase of its own shares between February 3 and February 7, 2025. The company acquired a total of 2,760,169 shares at an average price of EUR 57.452851 per share, amounting to EUR 158,579,577.50. This move is part of its strategy to manage its capital efficiently and possibly improve shareholder value, reflecting positively on its financial positioning and market confidence.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that focuses on producing and marketing a diverse range of energies including oil, biofuels, natural gas, green gases, renewables, and electricity. With a workforce of over 100,000 employees, the company is committed to providing reliable, affordable, and sustainable energy solutions in approximately 120 countries, with sustainability as a core part of its strategy and operations.
YTD Price Performance: 17.61%
Average Trading Volume: 2,533,786
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €134.3B
Find detailed analytics on TTE stock on TipRanks’ Stock Analysis page.