TotalEnergies SE (FR:TTE) has released an update.
TotalEnergies SE reported robust economic performance with $9.8 billion in adjusted net income and a significant cash flow of $15.9 billion for the first half of 2024, underscoring progress in its balanced energy transition strategy. Despite a decline compared to the previous year, the company maintained a strong financial stance, with notable developments in both upstream production and integrated power sectors. The Board confirmed a shareholder-friendly approach by keeping the interim dividend at 0.79 €/share and initiating a $2 billion share buyback program for Q3 2024.
For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.
