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TotalEnergies SE ( (FR:TTE) ) has provided an announcement.
TotalEnergies SE has announced the repurchase of its own shares over a period from January 27 to January 31, 2025, as authorized by its shareholders. The total volume of shares repurchased amounts to 2,792,195 at an average price of EUR 55.994070 per share, totaling EUR 156,346,362.24. This transaction is part of the company’s strategic financial management, potentially impacting shareholder value and market perceptions by managing share supply and demonstrating confidence in its market position.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company involved in the production and marketing of a diverse range of energies including oil, biofuels, natural gas, green gases, renewables, and electricity. With over 100,000 employees, the company operates in approximately 120 countries and places sustainability at the core of its strategy and operations.
YTD Price Performance: 6.65%
Average Trading Volume: 2,596,971
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €127.6B
For a thorough assessment of TTE stock, go to TipRanks’ Stock Analysis page.