Totalenergies Se Stock Price, News & Analysis

TotalEnergies SE is initiating its annual capital increase aiming to engage employees and former employees in its growth strategy. This capital increase, approved by the Board on September 22, 2022, will offer up to 18 million shares at a nominal value of €2.50 each, totaling €45 million or 0.69% of the company's capital. The subscription price will be based on the average closing price from the 20 trading sessions prior to the subscription period, with a 20% discount. The subscription period is set from April 28, 2023, to May 15, 2023.

From February 6 to February 10, 2023, TotalEnergies SE (Ticker: TTE) conducted share repurchases totaling 2,720,648 shares at an average price of €57.19 per share, amounting to approximately €155.6 million in transactions. This activity aligns with the authorization granted during the shareholders' meeting on May 25, 2022. The repurchase includes daily volumes ranging from 10,000 to 390,653 shares across multiple transactions in various markets. For detailed transaction data, investors can refer to TotalEnergies' official website.

TotalEnergies SE posted strong financial results for 4Q22, reporting an adjusted net income of $7.6 billion, up 11% year-over-year, and a full-year net income of $20.5 billion, a 28% increase compared to 2021. The strong results were driven by a 5% rise in hydrocarbon production and a 22% increase in LNG sales. The company plans to distribute a dividend of €0.74/share and confirmed a payout policy of 35-40% for 2023, including share buybacks of $2 billion in the first quarter.

Notably, the company anticipates net investments of $16-18 billion for 2023, focusing on low-carbon energies. The return on equity stood at 32% for 2022.

TotalEnergies (Euronext: TTE) announced ex-dividend dates for 2024 during a Board meeting on February 7, 2023. The first interim dividend will have an ex-dividend date of September 25, 2024, followed by the second interim on January 2, 2025, and the third interim on March 26, 2025. The final dividend is set for June 19, 2025. These dividends reflect TotalEnergies' commitment to returning value to its shareholders while continuing to focus on sustainable energy solutions across more than 130 countries.

TotalEnergies (Euronext: TTE) announced a proposed ordinary dividend of 2.81 €/share for fiscal year 2022, reflecting a 6.4% increase from 2021's 2.64 €/share. This increase follows three interim dividends of 0.69 €/share, resulting in a final ordinary dividend of 0.74 €/share, up 7.25%. Additionally, shareholders will receive a 1 €/share special dividend, resulting in a total of 3.81 €/share for the year. The ex-dividend date is set for June 21, 2023, with payment on July 3, 2023 for ordinary shares and July 17, 2023 for ADS holders.

On February 7, 2023, TotalEnergies SE (Euronext: TTE) announced a share capital reduction by canceling 128,869,261 treasury shares, which equates to 4.92% of the total share capital. This cancellation took place between February 11 and December 15, 2022. Following this move, TotalEnergies has 2,490,262,024 shares outstanding, with 2,655,005,180 voting rights available for shareholder meetings. This transaction does not affect the consolidated financial statements, earnings per share, or fully diluted weighted-average shares. TotalEnergies remains committed to sustainable energy initiatives across its global operations.

TotalEnergies SE reported its share repurchase activities from January 30 to February 3, 2023, following shareholder authorization from May 25, 2022. During this period, the company purchased a total of 2,815,136 shares at an average price of €56.62 per share, amounting to €159,395,707.80. Notable transactions included purchases of 366,250 shares on January 30 and 393,148 shares on February 1. These repurchase efforts aim to enhance shareholder value and are part of TotalEnergies’ ongoing commitment to its investors. A complete breakdown of transactions is available on their website.

TotalEnergies (TTE) has obtained two licenses for CO₂ storage exploration in the Danish North Sea, expanding its environmental initiatives. The licenses, covering 2,118 km², include existing operations at the Harald gas fields and a saline aquifer, with TotalEnergies aiming to transport and store over 5 million tons of CO₂ annually. The company, in partnership with Nordsøfonden, holds an 80% stake in the project, which aligns with its goal of achieving 10 million tons/year of CO₂ storage capability by 2030. This project supports Denmark's carbon neutrality objectives and enhances TotalEnergies' role in European decarbonization efforts.