TechnipFMC authorizes additional share repurchases of up to $2B

TechnipFMC (FTI) announced that its Board of Directors has authorized and declared a quarterly cash dividend of 5c per share, payable on December 3, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on November 18, 2025, which is also the ex-dividend date. The Board has also authorized additional share repurchases of up to $2B. Together with the remaining balance under the existing program, the company is now authorized to repurchase shares of up to $2.3B, representing nearly 16% of the company’s outstanding shares at the closing price on October 21, 2025. Doug Pferdehirt, TechnipFMC’s Chair and CEO, stated, “Since the initial share repurchase authorization in July 2022, the Company has returned more than $1.6 billion to shareholders through stock repurchases and dividends. This significant increase to the share authorization exemplifies our confidence in the outlook, as well as our commitment to maximize shareholder value.”