TotalEnergies SE - TTE STOCK NEWS

TotalEnergies (TTE) has signed a Heads of Agreement with Sempra Infrastructure, Mitsui & Co., Ltd., and Japan LNG Investment for the expansion of the Cameron LNG facility in Louisiana. The project includes a fourth train with a capacity of 6.75 million metric tons per annum and a 5% increase in the current capacity through debottlenecking. TotalEnergies will offtake 16.6% of the new train's production and 25% of the debottlenecked capacity. The expansion aims to enhance liquefaction capacity and reduce emissions, contributing to TotalEnergies' LNG growth strategy.

TotalEnergies (Euronext Paris: TTE) and Sempra have signed two Memorandums of Understanding to strengthen their North American alliance. The agreements involve the Vista Pacífico LNG export project in Mexico and several renewable energy initiatives. The LNG project aims to serve high-demand markets like Asia and South America, with TotalEnergies to acquire a minimum 16.6% stake and off-take one-third of LNG production. Additionally, collaborations on offshore wind and onshore renewable projects along the Mexico-U.S. border are planned.

TotalEnergies (Euronext: TTE) has released a new tax transparency report, outlining its tax contributions in major operational countries. This report aims to enhance stakeholder understanding of the company's tax position, including detailed country-by-country data. CFO Jean-Pierre Sbraire emphasized the importance of transparency in building trust. The report covers tax information for 2019 and 2020 and will be updated annually. This initiative is part of TotalEnergies' commitment to responsible tax practices and aligns with upcoming European regulatory requirements.

TotalEnergies SE disclosed its share repurchase on March 28, 2022, authorized by the shareholders' meeting from May 28, 2021. The company repurchased a total of 734,361 shares at a daily average price of €47.6604, amounting to approximately €34.99 million. The shares were traded on multiple markets, including Euronext Paris and CEUX. This action aligns with regulatory compliance under the EU Market Abuse Regulation, with details available on TotalEnergies' investor relations website.

TotalEnergies SE (TTE) announced its share repurchase activities conducted between March 21 and March 25, 2022, following shareholder authorization from May 28, 2021. A total of 3,773,673 shares were purchased at a daily weighted average price of EUR 46.3739, totaling approximately EUR 175 million. Significant daily volumes were recorded, with transactions primarily executed on Euronext Paris (XPAR). Detailed trading information is available on TotalEnergies' website.

TotalEnergies SE filed its Document d’enregistrement universel for 2021 with the French Financial Markets Authority on March 25, 2022. This document includes the annual financial report, corporate governance details, share buy-back program description, payments to governments report, and statutory auditors' reports. Additionally, the Form 20-F for the year ended December 31, 2021 was submitted to the SEC on the same date. Both documents are accessible via the company's website. Printed copies are also available at their registered office in France.

TotalEnergies presented its Sustainability & Climate – 2022 Progress Report, highlighting significant advancements in its transformation strategy towards becoming a multi-energy company with a net zero ambition by 2050. Key achievements include an increase in renewable electricity capacity to over 10 GW and a 10% rise in LNG sales to 42 million tons. TotalEnergies aims for a 40% reduction in net Scope 1+2 emissions by 2030 and plans to reduce methane emissions by 50% by 2025. A consultative resolution on sustainability will be voted on at the May 25, 2022 Shareholders' Meeting.