TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary

TotalEnergies SE announced the repurchase of its own shares between May 13 and May 17, 2024. This action follows the authorization from the May 26, 2023, shareholders' meeting and adheres to applicable share repurchase laws. Over five days, TotalEnergies bought 2,121,029 shares at an average price of EUR 67.68 per share, amounting to a total transaction value of approximately EUR 143.54 million. The purchases occurred across several markets including XPAR, CEUX, TQEX, and AQEU.

Positive

• Repurchase of 2,121,029 shares, showing confidence in the company's value.
• Total transaction value of EUR 143.54 million, reflecting significant investment.
• Share repurchase potentially increases shareholder value by reducing outstanding shares.

Negative

• Significant outlay of EUR 143.54 million, which could have been used for other investments.
• Share repurchase may signal that the company has no better investment opportunities.
• Potentially lower liquidity due to fewer shares in circulation.

PARIS--(BUSINESS WIRE)-- Regulatory News:

In accordance with the authorization given by the ordinary shareholders’ general meeting on May 26, 2023, 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 May 13 to May 17, 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)
13/05/2024	166,029	68.666480	11,400,627.01	XPAR
13/05/2024	90,850	68.666492	6,238,350.80	CEUX
13/05/2024	16,761	68.664394	1,150,883.91	TQEX
13/05/2024	14,962	68.664606	1,027,359.83	AQEU
14/05/2024	208,019	68.571136	14,264,099.14	XPAR
14/05/2024	116,344	68.588906	7,979,907.68	CEUX
14/05/2024	21,200	68.543448	1,453,121.10	TQEX
14/05/2024	15,000	68.605960	1,029,089.40	AQEU
15/05/2024	287,710	68.093732	19,591,247.63	XPAR
15/05/2024	165,000	68.054554	11,229,001.41	CEUX
15/05/2024	17,000	68.147466	1,158,506.92	TQEX
15/05/2024	15,000	68.078483	1,021,177.25	AQEU
16/05/2024	289,932	66.677955	19,332,072.85	XPAR
16/05/2024	170,000	66.674106	11,334,598.02	CEUX
16/05/2024	20,000	66.655594	1,333,111.88	TQEX
16/05/2024	15,000	66.677937	1,000,169.06	AQEU
17/05/2024	307,222	67.046494	20,598,157.98	XPAR
17/05/2024	150,000	67.035686	10,055,352.90	CEUX
17/05/2024	20,000	67.040878	1,340,817.56	TQEX
17/05/2024	15,000	67.044586	1,005,668.79	AQEU
Total	2,121,029	67.676265	143,543,321.11

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 l TotalEnergies l TotalEnergies l 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).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521525345/en/

TotalEnergies Contacts

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

What dates did TotalEnergies repurchase its shares?

TotalEnergies repurchased its shares from May 13 to May 17, 2024.

How many shares did TotalEnergies repurchase in May 2024?

TotalEnergies repurchased 2,121,029 shares in May 2024.

What was the average purchase price of TotalEnergies shares during the buyback?

The average purchase price of TotalEnergies shares during the buyback was EUR 67.68 per share.

What was the total amount spent by TotalEnergies on share repurchases in May 2024?

TotalEnergies spent approximately EUR 143.54 million on share repurchases in May 2024.

On which stock markets did TotalEnergies execute its share repurchases?

TotalEnergies executed its share repurchases on XPAR, CEUX, TQEX, and AQEU markets.