TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary

TotalEnergies SE has disclosed its share repurchase transactions conducted from December 30, 2024, to January 3, 2025. The company purchased a total of 1,683,443 shares at an average price of €53.41 per share, with a total investment of €89,904,779.18. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU.

The share buyback was conducted under the authorization granted by shareholders at the general meeting on May 24, 2024. The largest daily volume was recorded on January 2, 2025, with 411,371 shares purchased on XPAR at €53.28 per share. Detailed transaction information is available on the TotalEnergies website in compliance with Market Abuse Regulation requirements.

Positive

• Significant share buyback program of €89.9M demonstrates strong capital return commitment
• Company maintains active share repurchase program across multiple trading venues
• Average purchase price of €53.41 indicates strategic timing of buybacks

Negative

• None.

Insights

Financial Analyst

The share repurchase program reveals significant market activity with TotalEnergies buying back 1,683,443 shares at an average price of 53.41€ per share, totaling 89.9 million euros. The daily weighted average purchase prices show an upward trend from 52.61€ to 54.06€ over the period, indicating growing market confidence. The company executed these trades across multiple venues (XPAR, CEUX, TQEX, AQEU), with the Paris exchange (XPAR) handling the largest volume. This strategic buyback represents effective capital deployment, potentially signaling management's view that shares are undervalued. The timing and size of purchases suggest a well-structured program designed to enhance shareholder value while maintaining market stability. The consistent daily volumes and price discipline demonstrate sophisticated execution management.

Market Research Analyst

The systematic execution of share repurchases across multiple trading venues showcases TotalEnergies' sophisticated approach to capital return. The largest single-day volume occurred on January 2nd, 2025, with 591,521 shares purchased across all venues. The gradual price increase over the period, culminating at 54.06€, suggests strong market absorption capacity despite the substantial volume. This buyback activity, occurring early in 2025, indicates robust implementation of the shareholder-approved program and could provide technical support for the stock. The distribution across trading venues optimizes liquidity capture while minimizing market impact, reflecting best-practice execution strategies in large-scale corporate buybacks.

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

In accordance with the authorizations given by the shareholders’ general meeting on May 24, 2024, to trade on its shares and pursuant to applicable law on share repurchase, TotalEnergies SE (LEI: 529900S21EQ1BO4ESM68) (Paris:TTE) (LSE:TTE) (NYSE:TTE) declares the following purchases of its own shares (FR0000120271) from December 30, 2024 to January 3, 2025:

Transaction Date	Total daily volume (number of shares)	Daily weighted average purchase price of shares (EUR/share)	Amount of transactions (EUR)	Market (MIC Code)
30/12/2024	254,819	52.605263	13,404,820.51	XPAR
31/12/2024	161,762	53.062111	8,583,433.17	XPAR
31/12/2024	70,939	53.105435	3,767,246.48	CEUX
31/12/2024	12,363	53.167698	657,312.25	TQEX
31/12/2024	9,253	53.171594	491,996.76	AQEU
02/01/2025	411,371	53.275660	21,916,061.70	XPAR
02/01/2025	125,549	53.197773	6,678,927.22	CEUX
02/01/2025	29,566	53.203892	1,573,026.26	TQEX
02/01/2025	25,035	53.204042	1,331,963.18	AQEU
03/01/2025	390,924	54.046928	21,128,241.46	XPAR
03/01/2025	136,249	54.057453	7,365,273.88	CEUX
03/01/2025	29,970	54.058786	1,620,141.83	TQEX
03/01/2025	25,643	54.062882	1,386,334.48	AQEU
Total	1,683,443	53.405300	89,904,779.18

Transaction details
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on the TotalEnergies website: https://totalenergies.com/investors/shares-and-dividends/total-shares/info/company-share-transactions

About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

View source version on businesswire.com: https://www.businesswire.com/news/home/20250107493934/en/

TotalEnergies Contacts

Media Relations:+33 (0)1 47 44 46 99l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations:+33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TotalEnergies SE

FAQ

How many shares did TotalEnergies (TTE) repurchase between Dec 30, 2024 and Jan 3, 2025?

TotalEnergies repurchased 1,683,443 shares during this period.

What was the total value of TTE's share buyback program in early January 2025?

The total value of the share buyback program was €89,904,779.18.

What was the average price per share paid by TTE in this buyback program?

The average price paid was €53.41 per share.

Which trading venues did TTE use for its share repurchases?

TTE executed trades across four venues: XPAR, CEUX, TQEX, and AQEU.

When was the share buyback authorization granted to TTE?

The share buyback authorization was granted at the shareholders' general meeting on May 24, 2024.