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TotalEnergies SE Executes Share Buyback

TotalEnergies SE Executes Share Buyback

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

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TotalEnergies SE has announced the repurchase of its own shares between September 9 and September 13, 2024, following the authorization from its shareholders’ general meeting and within the bounds of applicable share repurchase law. Over the course of five days, the energy giant bought back a total of 2,642,211 shares for a combined amount of approximately €160 million, indicating a strong investment in its own stability and market confidence. The detailed transactions have been fully disclosed on the company’s website for investor scrutiny.

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

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