Technip Energies N.V. - Weekly Report Share Buyback - Week of March 28 to April 1, 2022

Rhea-AI Summary

Technip Energies announced share buybacks totaling 553,871 shares between March 28 and April 1, 2022. Each purchase was executed under a discretionary mandate, allowing an investment services provider to independently acquire shares. The daily volumes ranged from 103,871 to 150,000 shares, with weighted average purchase prices between €11.078 and €11.372. This buyback program underscores the company's strategic intent to enhance shareholder value.

Positive

• Total buybacks of 553,871 shares indicate strong commitment to shareholder value.
• Weighted average purchase price of €11.203959 reflects prudent capital allocation.

Negative

• None.

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

In accordance with the regulations relating to share buybacks, Technip Energies (PARIS:TE) (ISIN:NL0014559478) declares the following purchases of its own shares from March 28, 2022, to April 1, 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	2022-03-28		NL0014559478	150 000	11,290416	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-03-29		NL0014559478	150 000	11,372184	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-03-30		NL0014559478	150 000	11,078043	XPAR
Technip Energies	724500FLODI49NSCIP70	2022-03-31		NL0014559478	103 871	11,018009	XPAR
				TOTAL	553 871	11,203959

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: www.technipenergies.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220404005612/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 between March 28 and April 1, 2022?

Technip Energies bought back a total of 553,871 shares during that period.

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

The average purchase price of shares was €11.203959.

Why did Technip Energies conduct a share buyback program?

The buyback program aims to enhance shareholder value.

Which investment services provider managed Technip Energies' share buybacks?

An independent investment services provider handled the execution of the share buybacks.

What does the buyback program suggest about Technip Energies' confidence in its future?

The buyback program suggests strong confidence in Technip Energies' future performance and financial health.