TechnipFMC plc Ordinary Share - FTI STOCK NEWS

TechnipFMC has received a Notice to Proceed for a significant Engineering, Procurement, and Construction (EPC) contract from Sempra LNG and IEnova at the Energía Costa Azul LNG facility in Baja California, Mexico. This project will enhance the facility with a natural gas liquefaction capability, boosting capacity to 3.25 Mtpa. TechnipFMC has been involved in this project since 2017 and sees this development as aligned with their strategic approach. The company emphasizes the project's role in the energy transition.

TechnipFMC plc (NYSE: FTI) has reported a major holding update from Société Générale SA, which has achieved a total holding of 4.17% in voting rights. The report indicates a decrease from a previous holding of 5.52%, with the latest figures reflecting a direct ownership of 1.54% in ordinary shares. The notification, submitted on November 16, 2020, marks the date when the interest threshold was crossed on November 13, 2020. This shift in voting rights may impact shareholder dynamics within the company.

TechnipFMC plc (NYSE: FTI) has reported a notification of major holdings, revealing that Société Générale SA has acquired a significant interest. As of November 12, 2020, Société Générale holds 5.52% of the total voting rights, reflecting an increase from the previous 4.32%. The breakdown includes 2.90% from direct shares and 2.63% from financial instruments. This acquisition indicates rising confidence in TechnipFMC's future by a major investor, potentially affecting stock trading dynamics.

TechnipFMC plc (NYSE: FTI) announced a notification regarding major shareholdings, signaling a change in voting rights. Société Générale SA crossed the 2% voting rights threshold, currently holding 4.32% of voting rights (2.03% direct and 2.30% through financial instruments) as of November 3, 2020. This marks a decrease from their previous holding of 5.01%. The notification was completed on November 4, 2020, as part of regulatory requirements.

TechnipFMC filed its Quarterly Report on Form 10-Q for the three and nine months ended 30 September 2020 with the SEC on 2 November 2020. The report includes unaudited interim condensed consolidated financial statements prepared under U.S. GAAP. Shareholders can access the report on the SEC website and TechnipFMC's investor relations page. A copy has also been submitted to the U.K. National Storage Mechanism for public inspection.

TechnipFMC plc (FTI) announced receipt of a notification regarding major shareholdings. Société Générale SA crossed a voting rights threshold on October 30, 2020, acquiring 5.01% of the voting rights, up from a previous 4.68%. The breakdown shows 2.72% from direct shares and 2.29% via financial instruments. The notification, reflecting significant interest from Société Générale, was reported to the FCA on November 2, 2020. This change could influence shareholder dynamics and market perceptions.

TechnipFMC plc (NYSE: FTI) reported that as of 29 October 2020, its capital comprises 449,408,233 ordinary shares of USD 1.00 each, with no shares held in treasury. This number of shares represents the total voting rights available to shareholders for regulatory compliance under the Disclosure Guidance and Transparency Rules. The company operates in the energy sector, delivering innovative solutions across its three segments: Subsea, Surface Technologies, and Technip Energies, emphasizing its commitment to enhancing project economics and addressing energy transition challenges.

TechnipFMC (NYSE: FTI) announced the availability of its Earnings Call Presentation for the third quarter of 2020, scheduled for October 22, 2020. The company is poised to discuss its financial results and updated outlook for the year. TechnipFMC operates in three segments: Subsea, Surface Technologies, and Technip Energies, focusing on enhancing project economics and supporting the energy transition. For more details, access their presentation on their website.

TechnipFMC plc (NYSE: FTI) announced the appointment of Ms. Margareth Øvrum to its Board of Directors, effective October 1, 2020. This followed the Company's report filed with the SEC on October 20, 2020, which also revealed that she was appointed to the Board's Environmental, Social, and Governance (ESG) Committee. Ms. Øvrum's inclusion in the board reflects the Company’s commitment to enhancing its ESG strategies and governance.