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TotalEnergies Announces Substantial Share Repurchase
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TotalEnergies Announces Substantial Share Repurchase

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An update from TotalEnergies SE ( (FR:TTE) ) is now available.

TotalEnergies SE has announced the repurchase of its own shares, totaling over 2.8 million shares, with transactions amounting to approximately 157.6 million euros between January 6 and January 10, 2025. This strategic move, approved by the shareholders, is made under the applicable share repurchase laws and is likely aimed at enhancing shareholder value, potentially impacting the company’s market position positively.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company involved in the production and marketing of oil, biofuels, natural gas, green gases, renewables, and electricity. With a workforce of over 100,000 employees, the company operates in approximately 120 countries and prioritizes sustainability in its strategy and operations.

YTD Price Performance: 6.65%

Average Trading Volume: 2,679,818

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €126B

For detailed information about TTE stock, go to TipRanks’ Stock Analysis page.

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