TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary

TotalEnergies SE has reported share repurchase transactions conducted from December 17 to December 20, 2024, in accordance with shareholder authorization from May 24, 2024. The company bought back a total of 1,082,058 shares at an average price of €51.75 per share, for a total investment of €55,999,836.72. The transactions were executed on the XPAR market across four trading days, with daily volumes ranging from 269,217 to 272,098 shares at prices between €51.45 and €52.00 per share.

Positive

• Implementing authorized share buyback program, potentially increasing shareholder value
• Significant investment of €56 million in share repurchases
• Consistent daily purchase volumes indicating systematic execution of buyback program

Negative

• None.

Insights

Financial Analyst

TotalEnergies' share buyback activity demonstrates a strategic capital allocation approach, with the company investing €56 million to repurchase 1,082,058 shares at an average price of €51.75 per share. The daily volume remained consistent around 270,000 shares, indicating a well-structured buyback program. The slight price variation from €51.45 to €52.00 suggests stable market conditions during the execution period. For retail investors, share buybacks typically signal management's confidence in the company's valuation and can support share price by reducing the float. This program represents a small portion of TotalEnergies' substantial market cap, but when combined with their dividend policy, strengthens their shareholder return strategy in the current high-cash-flow environment for energy majors. The execution through XPAR (Euronext Paris) ensures high liquidity and price efficiency.

In simpler terms: The company is using some of its cash to buy back its own shares from the market, which often helps increase the stock price and shows they think their shares are worth buying at current prices.

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 17 to December 20, 2024:

Transaction Date	Total daily volume (number of shares)	Daily weighted average purchase price of shares (EUR/share)	Amount of transactions (EUR)	Market (MIC Code)
17/12/2024	271,205	51.621378	13,999,975.78	XPAR
18/12/2024	269,217	52.002489	13,999,954.01	XPAR
19/12/2024	269,538	51.940552	13,999,952.55	XPAR
20/12/2024	272,098	51.451883	13,999,954.38	XPAR
Total	1,082,058	51.753082	55,999,836.72

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).

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TotalEnergies

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 December 17-20, 2024?

TotalEnergies repurchased 1,082,058 shares during this period.

What was the total value of TTE's share buyback from December 17-20, 2024?

The total value of the share buyback was €55,999,836.72.

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

The weighted average purchase price was €51.75 per share.

On which market did TTE conduct these share repurchases?

All transactions were conducted on the XPAR market (Euronext Paris).

When was the shareholder authorization for TTE's share buyback program granted?

The shareholder authorization was granted at the general meeting on May 24, 2024.