Technip Energies N.V. - Weekly Report Share Buyback - Week of June 27 to July 1, 2022

Rhea-AI Summary

Technip Energies has announced its ongoing share buyback program, reporting the purchase of 170,000 shares from June 27 to July 1, 2022. The shares were acquired at a weighted average price of €12.175720 through an investment services provider with a discretionary mandate. The buyback aims to enhance shareholder value and reflects the company's commitment to returning capital to its investors. The total transactions indicate a strategic move to bolster the stock price and investor confidence.

Positive

• Share buyback of 170,000 shares demonstrates commitment to enhance shareholder value.
• Weighted average purchase price of €12.175720 is competitive, potentially supporting stock price.

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 during the week of June 27 to July 1, 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	724500FLODI 49NSCIP70	2022-06-27	NL0014559478	30 000	12,283834	XPAR
Technip Energies	724500FLODI 49NSCIP70	2022-06-28	NL0014559478	30 000	12,742201	XPAR
Technip Energies	724500FLODI 49NSCIP70	2022-06-29	NL0014559478	30 000	12,505749	XPAR
Technip Energies	724500FLODI 49NSCIP70	2022-06-30	NL0014559478	40 000	11,850699	XPAR
Technip Energies	724500FLODI 49NSCIP70	2022-07-01	NL0014559478	40 000	11,747274	XPAR
			TOTAL	170 000	12,175720

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/20220704005398/en/

Phillip Lindsay

Vice-President, Investor Relations

+44 203 429 3929

Phillip Lindsay

Media Relations

Stella Fumey

Director, Press Relations & Digital Communications

+33 1 85 67 40 95

Stella Fumey

Jason Hyonne

Press Relations & Social Media Lead

+33 1 47 78 22 89

Jason Hyonne

Source: Technip Energies N.V.

FAQ

What was the total number of shares bought back by Technip Energies?

Technip Energies bought back a total of 170,000 shares during the week of June 27 to July 1, 2022.

What was the average purchase price of the shares bought back?

The weighted average purchase price of the shares was €12.175720.

Who managed the share buyback program for Technip Energies?

The share buyback program was managed by an investment services provider with a discretionary mandate.

How does the buyback influence investor confidence in Technip Energies?

The buyback is a signal of the company's commitment to returning capital to shareholders, potentially boosting investor confidence.