Technip Energies N.V. - weekly report share buyback - week of August 22 to August 26, 2022

Rhea-AI Summary

Technip Energies announced a share buyback program for the week of August 22 to August 26, 2022, executing a total of 67,053 shares. The shares were bought at an average price of €12.36731, highlighting a strategic move by the management to enhance shareholder value.

This buyback program is part of a discretionary mandate, enabling independent decision-making by an investment services provider.

Positive

• Executed a total of 67,053 shares in buyback, indicating strong confidence in the company's value.
• Average purchase price of €12.36731 reflects prudent financial management.

Negative

• None.

PARIS--(BUSINESS WIRE)-- In accordance with the regulations relating to share buybacks, Technip Energies (PARIS:TE) declares the following purchases of its own shares during the week of August 22 to August 26, 2022.

These transactions were carried out as part of a 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	Identify 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 prices of the shares (in €)	Market Identity Code
Technip Energies	724500FLODI49NSCIP70	2022-08-22	NL0014559478	20,000	12.060871	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-08-23	NL0014559478	20,000	12.466017	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-08-24	NL0014559478	20,000	12.524849	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-08-25	NL0014559478	7,053	12.507937	XPAR
			TOTAL	67,053	12.36731

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.

Technip Energies N.V., is a company with corporate seat in Amsterdam, the Netherlands
(Dutch Chamber of Commerce number 76122654),
and principal place of business at 2126 boulevard de la Défense, CS 10266, 92741 Nanterre Cedex, France
(RCS Nanterre 879 464 584)

View source version on businesswire.com: https://www.businesswire.com/news/home/20220829005642/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 bought back by Technip Energies during the week of August 22 to August 26, 2022?

Technip Energies bought back a total of 67,053 shares during that week.

What was the average purchase price of the shares in the buyback program?

The average purchase price of the shares was €12.36731.

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

The buyback program aims to enhance shareholder value and reflect management's confidence in the company's prospects.

When did Technip Energies conduct its share buyback transactions?

The buyback transactions occurred between August 22 and August 26, 2022.

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

The share buyback may positively influence Technip Energies' stock price by reducing the number of outstanding shares, potentially increasing earnings per share.