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TotalEnergies Plans $2.5 Billion Share Buyback in Q4

MT Newswires·09/28/2026 04:05:55
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04:05 AM EDT, 09/28/2026 (MT Newswires) -- TotalEnergies (TTE.PA, TTE.L) intends to launch share buybacks totaling $2.5 billion in the fourth quarter of 2026 and between $2 billion and $2.5 billion in the first quarter of 2027. The French energy company's board authorized the repurchases as it expects to achieve a gearing ratio below 10% by the end of 2026, according to a Monday release.