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TotalEnergies Completes €38 Million Share Buyback Program

French energy major TotalEnergies SE has repurchased nearly 600,000 of its own shares over a two-day period in mid-February, part of a strategic capital return program authorized by its shareholders. The transactions, valued at approximately €38 million, were executed on the Euronext Paris exchange as the company continues to optimize its balance sheet.

TotalEnergies Completes €38 Million Share Buyback Program

TotalEnergies (TTE) disclosed the acquisition of 590,596 shares between February 12 and February 13, 2026. These purchases were conducted under the regulatory framework established during the shareholders' general meeting on May 23, 2025. By consolidating its own equity, the company continues to execute on its long-term strategy of disciplined capital allocation amid shifting global energy demands.

Transaction Breakdown and Market Pricing

The buyback was distributed across two primary trading sessions on the XPAR market. On the first day, the company acquired 294,446 shares at a weighted average price of €64.53. This was followed by a purchase of 296,150 shares at an average price of €64.16 the following day. The total expenditure for the period reached €37,999,901.50, maintaining a steady pace of share cancellation and value redistribution.

As a global integrated energy player, TotalEnergies remains active in approximately 120 countries, balancing its legacy oil and gas assets with significant investments in natural gas, renewables, and low-carbon hydrogen. These market operations are a core component of the firm's financial policy, aimed at supporting its stock valuation while funding its transition toward more sustainable energy production.

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