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TotalEnergies SE ( (FR:TTE) ) has provided an update.
TotalEnergies SE announced the repurchase of its own shares between May 5 and May 9, 2025, as authorized by its shareholders’ general meeting. The company acquired a total of 3,135,530 shares at an average price of 51.027311 EUR per share, amounting to approximately 159.99 million EUR. This strategic move could potentially impact TotalEnergies’ stock market performance and shareholder value, reflecting the company’s confidence in its financial health and future prospects.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a diverse range of energies, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With a workforce of over 100,000 employees, the company is committed to providing reliable, affordable, and sustainable energy solutions. TotalEnergies operates in approximately 120 countries and places sustainability at the core of its strategy and operations.
Learn more about TTE stock on TipRanks’ Stock Analysis page.