Technip Energies N.V. - weekly report share buyback - week of April 4 to April 8, 2022

Rhea-AI Summary

Technip Energies has announced the purchase of its own shares as part of a buyback program between April 4 and April 8, 2022. A total of 51,892 shares were acquired, with the average purchase price being €10.950514. The buyback program is executed through a discretionary mandate by an investment services provider. The move aims to enhance shareholder value. Detailed transaction information is available through the company's investor relations portal.

Positive

• Execution of a share buyback program indicates confidence in the company's financial health.
• Total of 51,892 shares purchased could support stock price stability and enhance shareholder value.

Negative

• None.

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

In accordance with the regulations relating to share buybacks, Technip Energies (PARIS:TE) declares the following purchases of its own shares from April 4, 2022, to April 8, 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	2022-04-05	NL0014559478	25000	10.971596	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-04-06	NL0014559478	25000	10.926502	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-04-07	NL0014559478	1892	10.989226	XPAR
			TOTAL	51892	10.950514

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/financial-information/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: https://www.technipenergies.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005949/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 is the purpose of Technip Energies' share buyback program?

The buyback program aims to enhance shareholder value by reducing the number of shares in circulation.

How many shares did Technip Energies buy back between April 4 and April 8, 2022?

Technip Energies bought back a total of 51,892 shares during this period.

What was the average purchase price of the shares bought back by Technip Energies?

The average purchase price of the shares was €10.950514.

How does the share buyback impact Technip Energies' stock price?

Share buybacks can support stock price stability by reducing supply and indicating confidence in the company's future.