Technip Energies N.V. - Weekly Report Share Buyback - Week of July 4 to July 8, 2022

Rhea-AI Summary

Technip Energies, listed on Euronext Paris under the symbol TE, conducted a share buyback program between July 4 and July 8, 2022. A total of 184,917 shares were repurchased, with an average purchase price of €11.871127 per share. This initiative, managed by an investment services provider, aims to optimize shareholder value and reinforce market confidence. The transactions are part of a broader strategy to support the company's objectives in the energy transition sector.

Positive

• 184,917 shares repurchased, enhancing shareholder value.
• Average buyback price of €11.871127 may support stock price stability.

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 4 to July 8, 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	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	2022-07-04	NL0014559478	29 917	12,233033	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-05	NL0014559478	40 000	12,120485	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-06	NL0014559478	40 000	11,431530	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-07	NL0014559478	40 000	11,675351	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-07-08	NL0014559478	35 000	12,002940	XPAR
			TOTAL	184 917	11,871127

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/20220712005864/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 optimize shareholder value and reinforce market confidence.

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

Technip Energies repurchased a total of 184,917 shares during that period.

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

The average purchase price was €11.871127 per share.

What stock symbol represents Technip Energies on Euronext Paris?

Technip Energies is listed under the symbol TE on Euronext Paris.