TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary

TotalEnergies SE has reported share repurchase transactions conducted from December 23 to December 27, 2024, following shareholder authorization from May 24, 2024. The company bought back a total of 771,168 shares at an average price of €52.11 per share, with a total investment of €40,186,924.88. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU, with the majority of shares purchased through XPAR. The largest daily volume was recorded on December 23, with 260,310 shares purchased at €51.75 per share.

Positive

• Significant share buyback program of €40.19M executed
• Average purchase price of €52.11 demonstrates company's commitment to return value to shareholders

Negative

• None.

Insights

Financial Markets Analyst

The disclosed share repurchase program by TotalEnergies reveals strategic capital allocation, with the company investing €40.2 million to buy back 771,168 shares at an average price of €52.11 per share. The execution across multiple trading venues (XPAR, CEUX, TQEX and AQEU) demonstrates sophisticated trading strategies to minimize market impact. The weighted average purchase prices ranging from €51.75 to €52.37 show relatively stable pricing, indicating controlled buying pressure. This buyback represents a small fraction of TTE's $122.9 billion market cap but signals management's confidence in the company's valuation and commitment to returning capital to shareholders. Share repurchases typically reduce the number of outstanding shares, potentially increasing earnings per share and supporting stock price stability.

Corporate Treasury Expert

The execution of this buyback program exhibits careful treasury management with strategic timing and venue selection. The largest volumes were executed on XPAR (Euronext Paris), accounting for approximately 87% of total volume, which is logical given it's TTE's primary listing. The pre-holiday timing (December 23-27) typically sees lower market liquidity, yet the company maintained consistent pricing across venues, suggesting well-planned execution algorithms to prevent adverse price impacts. The daily volume distribution and price consistency indicate sophisticated liquidity management and compliance with regulatory volume restrictions. This systematic approach to capital return complements TotalEnergies' broader shareholder value creation strategy while maintaining balance sheet flexibility.

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 23 to December 27, 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)
23/12/2024	260,310	51.748183	13,470,569.60	XPAR
24/12/2024	156,920	52.223400	8,194,895.93	XPAR
24/12/2024	81,689	52.221900	4,265,954.79	CEUX
24/12/2024	8,484	52.253200	443,316.15	TQEX
24/12/2024	7,575	52.252100	395,809.66	AQEU
27/12/2024	256,190	52.368862	13,416,378.76	XPAR
Total	771,168	52.111764	40,186,924.88

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 23-27, 2024?

TotalEnergies repurchased 771,168 shares between December 23-27, 2024.

What was the total value of TTE's share buyback program in December 2024?

The total value of the share buyback program was €40,186,924.88.

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

The average price paid was €52.11 per share.

Which trading venues did TTE use for its December 2024 share repurchases?

TTE executed trades across multiple venues including XPAR, CEUX, TQEX, and AQEU, with XPAR being the primary trading venue.

When was TTE's share buyback program authorized by shareholders?

The share buyback program was authorized by shareholders at the general meeting on May 24, 2024.