TotalEnergies SE: Disclosure of Transactions in Own Shares
TotalEnergies SE disclosed the repurchase of its own shares from May 20 to May 24, 2024. This action is in alignment with the authorizations from shareholder meetings in May 2023 and May 2024, and follows the relevant legal framework for share buybacks.
In this period, TotalEnergies repurchased a total of 2,494,815 shares at an average price of €66.137099 per share, accumulating to a total expenditure of €164,999,826.04. The transactions occurred across various markets with specific volumes and amounts detailed for each day.
The full breakdown of these trades is available on the TotalEnergies website.
- TotalEnergies successfully repurchased 2,494,815 shares, demonstrating strong liquidity.
- The average purchase price of €66.137099 per share suggests a strategic buyback aligned with market conditions.
- The total expenditure of €164,999,826.04 indicates a significant investment back into the company, potentially increasing shareholder value.
- The share repurchase program resulted in a significant cash outflow of €164,999,826.04, which may impact short-term liquidity.
- Repurchasing shares at an average price of €66.137099 might be seen as high, depending on market conditions and TotalEnergies’ stock performance.
In accordance with the authorizations given by the ordinary shareholders’ general meetings on May 26, 2023 and 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 May 20 to May 24, 2024:
Transaction Date |
Total daily volume
|
Daily weighted
|
Amount of
|
Market (MIC Code) |
20/05/2024 |
299,163 |
67.459914 |
20,181,510.25 |
XPAR |
20/05/2024 |
150,000 |
67.476212 |
10,121,431.80 |
CEUX |
20/05/2024 |
25,000 |
67.404566 |
1,685,114.15 |
TQEX |
20/05/2024 |
15,000 |
67.461910 |
1,011,928.65 |
AQEU |
21/05/2024 |
304,399 |
66.477589 |
20,235,711.61 |
XPAR |
21/05/2024 |
150,000 |
66.480305 |
9,972,045.75 |
CEUX |
21/05/2024 |
25,000 |
66.479563 |
1,661,989.08 |
TQEX |
21/05/2024 |
17,000 |
66.482982 |
1,130,210.69 |
AQEU |
22/05/2024 |
307,536 |
65.406567 |
20,114,873.99 |
XPAR |
22/05/2024 |
150,000 |
65.406380 |
9,810,957.00 |
CEUX |
22/05/2024 |
27,000 |
65.404943 |
1,765,933.46 |
TQEX |
22/05/2024 |
20,000 |
65.410491 |
1,308,209.82 |
AQEU |
23/05/2024 |
254,062 |
65.718511 |
16,696,576.34 |
XPAR |
23/05/2024 |
208,029 |
65.734866 |
13,674,758.44 |
CEUX |
23/05/2024 |
25,000 |
65.718235 |
1,642,955.88 |
TQEX |
23/05/2024 |
15,000 |
65.710469 |
985,657.04 |
AQEU |
24/05/2024 |
299,626 |
65.681728 |
19,679,953.43 |
XPAR |
24/05/2024 |
153,784 |
65.616531 |
10,090,772.60 |
CEUX |
24/05/2024 |
30,000 |
65.645006 |
1,969,350.18 |
TQEX |
24/05/2024 |
19,216 |
65.564419 |
1,259,885.88 |
AQEU |
Total |
2,494,815 |
66.137099 |
164,999,826.04 |
|
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.
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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/20240527430764/en/
TotalEnergies Contacts
Media Relations:+33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
Investor Relations:+33 (0)1 47 44 46 46 l ir@totalenergies.com
Source: TotalEnergies SE
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