TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary

TotalEnergies SE has reported share repurchase transactions conducted from December 2 to December 6, 2024, following shareholder authorization from May 24, 2024. The company purchased a total of 3,222,752 shares at an average price of €54.30 per share, with a total investment of €174,999,892.50. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU, with XPAR accounting for the largest volume of trades. Detailed transaction information is available on TotalEnergies' website in compliance with Market Abuse Regulation requirements.

Positive

• Substantial share buyback program execution of €175 million demonstrates strong financial position
• Systematic implementation of shareholder return policy through share repurchases

Negative

• Significant cash outflow of €175 million for share repurchases reduces available capital for operations or investments

Insights

Financial Analyst

TotalEnergies' significant share buyback activity, totaling 174.99 million EUR over just five trading days, demonstrates strong capital return commitment to shareholders. The company executed purchases at a weighted average price of 54.30 EUR per share, with consistent daily volumes indicating a well-structured repurchase program. The largest portion of trades occurred on XPAR (Paris exchange), showing strategic focus on primary market liquidity.

This systematic buyback approach reflects robust cash flow generation and confidence in the company's financial position. The timing and execution strategy, spreading purchases across multiple exchanges while maintaining price stability, suggests careful market impact management. For investors, this represents a positive signal of management's commitment to shareholder returns and their view on current stock valuation.

Market Research Analyst

The structured distribution of trades across multiple venues (XPAR, CEUX, TQEX and AQEU) indicates sophisticated execution strategy to minimize market impact. The consistency in daily weighted average prices, ranging narrowly between 54.06 and 54.45 EUR, suggests effective price control despite significant volume. The largest single-day volume was recorded on December 4th with 647,202 shares, representing approximately 20% of the total weekly volume.

This buyback execution demonstrates strong market liquidity for TTE shares and efficient capital deployment. The stable pricing across venues indicates minimal arbitrage opportunities and well-managed market microstructure impact, which is particularly important given the size of the program.

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 2 to December 6, 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)
02/12/2024	453,722	54.223933	24,602,591.12	XPAR
02/12/2024	137,549	54.362429	7,477,497.68	CEUX
02/12/2024	29,038	54.348146	1,578,161.45	TQEX
02/12/2024	24,687	54.349974	1,341,737.81	AQEU
03/12/2024	452,255	54.340750	24,575,875.69	XPAR
03/12/2024	137,489	54.417607	7,481,822.38	CEUX
03/12/2024	29,149	54.395073	1,585,561.97	TQEX
03/12/2024	24,941	54.397089	1,356,717.79	AQEU
04/12/2024	464,119	54.064240	25,092,240.81	XPAR
04/12/2024	129,593	54.120111	7,013,587.53	CEUX
04/12/2024	28,411	54.106866	1,537,230.18	TQEX
04/12/2024	25,079	54.106418	1,356,934.85	AQEU
05/12/2024	461,827	54.335132	25,093,431.15	XPAR
05/12/2024	128,551	54.430147	6,997,049.85	CEUX
05/12/2024	28,620	54.385844	1,556,522.86	TQEX
05/12/2024	24,879	54.382396	1,352,979.62	AQEU
06/12/2024	407,208	54.443593	22,169,866.67	XPAR
06/12/2024	190,000	54.448583	10,345,230.77	CEUX
06/12/2024	22,807	54.450556	1,241,853.84	TQEX
06/12/2024	22,828	54.450608	1,242,998.48	AQEU
Total	3,222,752	54.301384	174,999,892.50

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/20241210292594/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 December 2-6, 2024?

TotalEnergies repurchased 3,222,752 shares between December 2-6, 2024.

What was the average purchase price per share for TotalEnergies (TTE) buyback in December 2024?

The average purchase price was €54.30 per share.

How much did TotalEnergies (TTE) spend on share repurchases in December 2024?

TotalEnergies spent €174,999,892.50 on share repurchases during December 2-6, 2024.

Which trading venues did TotalEnergies (TTE) use for its December 2024 share buyback?

TotalEnergies executed trades on XPAR, CEUX, TQEX, and AQEU trading venues.