Technip Energies N.V. - Weekly Report Share Buyback 23, 24 and 25 March 2022

Rhea-AI Summary

Technip Energies announced share buybacks from March 23 to March 25, 2022, totaling 446,129 shares purchased at an average price of €10.800540. This buyback program is executed under a discretionary mandate by an investment services provider, allowing independent decisions on share acquisitions. The buyback aims to enhance shareholder value and bolster market confidence in Technip Energies, a key player in energy transition, with a strong focus on LNG and hydrogen sectors.

Positive

• Executed share buyback of 446,129 shares to enhance shareholder value.
• Average buyback price of €10.800540 may support stock price stability.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

In accordance with the regulations relating to share buybacks, Technip Energies (PARIS:TE) (ISIN:NL0014559478) declares the following purchases of its own shares from March 23, 2022, to March 25, 2022.

These transactions were carried out as part of the buyback program with a discretionary mandate carried out by an investment services provider making decisions relating to the acquisition of Technip Energies shares independently.

Name of the Issuer	Identity Code of the Issuer (LEI code)	Day of the transaction	Identity Code of the Security	Total daily volume (in number of shares)	Daily weighted average purchase price of the shares (in €)	Market Identity Code
Technip Energies	724500FLODI49NSCIP70	23/03/2022	NL0014559478	146 129	10,636818	XPAR
Technip Energies	724500FLODI49NSCIP70	24/03/2022	NL0014559478	150 000	10,870088	XPAR
Technip Energies	724500FLODI49NSCIP70	25/03/2022	NL0014559478	150 000	10,890488	XPAR
			Total	446 129	10,800540

For detailed information on the transactions carried out and on the objectives of the shares purchases, please refer to the detailed declaration available on https://investors.technipenergies.com/notice-trading-own-shares.

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) traded over-the-counter in the United States.

For further information: www.technipenergies.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220401005213/en/

Phillip Lindsay

Vice-President, Investor Relations

Tel: +44 203 429 3929

Email: Phillip Lindsay

Media Relations

Stella Fumey

Director, Press Relations & Digital Communications

Tel: +33 1 85 67 40 95

Email: Stella Fumey

Jason Hyonne

Press Relations & Social Media Lead

Tel: +33 1 47 78 22 89

Email: Jason Hyonne

Source: Technip Energies

FAQ

What was the total number of shares Technip Energies bought back from March 23 to March 25, 2022?

Technip Energies bought back a total of 446,129 shares during this period.

What was the average purchase price of shares in the recent buyback by Technip Energies?

The average purchase price of shares was €10.800540.

What is the purpose of Technip Energies' share buyback program?

The purpose of the share buyback program is to enhance shareholder value and bolster market confidence.

Who executed the share buyback transactions for Technip Energies?

The transactions were executed by an investment services provider under a discretionary mandate.