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TotalEnergies Executes Share Repurchase to Boost Shareholder Value

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TotalEnergies Executes Share Repurchase to Boost Shareholder Value

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

TotalEnergies SE announced the repurchase of its own shares, conducted from February 10 to February 14, 2025, under authorizations from a shareholders’ meeting. This transaction, involving nearly 2.7 million shares at an average price of 58.79 EUR per share, aligns with the company’s strategy to optimize shareholder value and potentially enhance its market position.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company engaged in the production and marketing of various forms of energy, including oil, biofuels, natural gas, green gases, renewables, and electricity. With a workforce of over 100,000 employees, the company operates in approximately 120 countries, focusing on providing reliable, affordable, and sustainable energy solutions.

YTD Price Performance: 12.47%

Average Trading Volume: 2,519,679

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €126.8B

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

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