Technip Energies N.V. - Weekly Report Share Buyback - Week of July 11 to July 15, 2022

Rhea-AI Summary

Technip Energies (EuronextParis:TE) announced its share buyback program, reporting purchases from July 11 to July 15, 2022. A total of 200,000 shares were acquired at a weighted average price of €10.969418. The buyback aims to enhance shareholder value and is managed by an independent investment services provider. This strategic initiative reflects the company’s commitment to returning value to shareholders while reinforcing its financial position.

Positive

• The buyback program involved purchasing 200,000 shares, enhancing shareholder value.
• The average purchase price was €10.969418, indicating a strategic use of funds.

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 July 11 to July 15, 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	2022-07-11	NL0014559478	35000	12,079318	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-12	NL0014559478	40000	10,972506	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-13	NL0014559478	40000	11,079316	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-14	NL0014559478	40000	10,767594	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-15	NL0014559478	45000	10,185128	XPAR
			TOTAL	200000	10,969418

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/20220719005665/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 N.V.

FAQ

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

The share buyback program aims to enhance shareholder value by reducing the number of outstanding shares.

How many shares did Technip Energies buy back during the week of July 11 to July 15, 2022?

Technip Energies bought back a total of 200,000 shares during that week.

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

The daily weighted average purchase price of the shares was €10.969418.

Who manages the share buyback program for Technip Energies?

The share buyback program is managed by an independent investment services provider.

Where can I find more information about Technip Energies' share buyback transactions?

More information can be found on the Technip Energies investor relations website.