TotalEnergies Executes Major Share Buyback Program

TotalEnergies SE (FR:TTE) has released an update.

TotalEnergies SE has repurchased over 3.6 million of its own shares between November 4th and 8th, 2024, at an average price of approximately 57.89 EUR per share, amounting to a total transaction value of 212.56 million EUR. This move aligns with the company’s strategy to manage its capital and provide value for its shareholders. Such actions can potentially influence the company’s stock performance and indicate its financial health to investors.

For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.