Technip Energies Share Buyback Activities
In compliance with share buyback regulations, Technip Energies (PARIS:TE) announces its share purchases made between August 19 and August 23, 2024.
These transactions were conducted as part of the buyback program, which involves a discretionary mandate managed by an investment services provider. This provider independently decides on the acquisition of Technip Energies shares.
Summary of Share Buybacks
The table below outlines the share transactions that took place during the specified period:
Name of the Issuer: TECHNIP ENERGIES NV
Identity Code of the Issuer: 724500FLODI49NSCIP70
| Day of Transaction | Identity Code of Financial Instrument | Total Daily Volume (in number of shares) | Daily Weighted Average Purchase Price of Shares | Market (MIC Code) |
|---|---|---|---|---|
| August 19 | NL0014559478 | 30,100 | 20.892116 | XPAR |
| August 20 | NL0014559478 | 30,100 | 20.816515 | XPAR |
| August 21 | NL0014559478 | 30,100 | 20.719849 | XPAR |
| August 22 | NL0014559478 | 30,100 | 20.582662 | XPAR |
| August 23 | NL0014559478 | 30,100 | 20.438629 | XPAR |
| TOTAL | 150,500 | 20.689954 |
Shares for Equity Compensation Plans
The following table provides a summary of shares acquired to fulfill the company's obligations under various equity compensation plans:
Name of the Issuer: TECHNIP ENERGIES NV
Identity Code of the Issuer: 724500FLODI49NSCIP70
| Day of Transaction | Identity Code of Financial Instrument | Total Daily Volume (in number of shares) | Daily Weighted Average Purchase Price of Shares | Market (MIC Code) |
|---|---|---|---|---|
| August 19 | NL0014559478 | 12,900 | 20.892761 | XPAR |
| August 20 | NL0014559478 | 12,900 | 20.813707 | XPAR |
| August 21 | NL0014559478 | 12,900 | 20.719113 | XPAR |
| August 22 | NL0014559478 | 12,900 | 20.583098 | XPAR |
| August 23 | NL0014559478 | 12,900 | 20.437949 | XPAR |
| TOTAL | 64,500 | 20.689326 |
About Technip Energies
Technip Energies is a leading Engineering & Technology company dedicated to facilitating the energy transition. The company has a strong presence in Liquefied Natural Gas (LNG), hydrogen, and ethylene, and is actively expanding its capabilities in blue and green hydrogen, sustainable chemistry, and CO2 management. Technip Energies provides a solid project delivery model along with a wide range of technologies, products, and services.
With operations in 34 countries, Technip Energies employs around 16,000 talented professionals who are passionate about turning innovative projects into reality, striving to accelerate the energy transition for a sustainable future.
The shares of Technip Energies are traded on Euronext Paris, and the company also operates a Level 1 sponsored American Depositary Receipts (ADRs) program, allowing its ADRs to be traded over-the-counter.
Contact Information
Investor Relations:
Phillip Lindsay
Vice-President, Investor Relations
Tel: +44 203 429 3929
Email: Phillip Lindsay
Media Relations:
Jason Hyonne
Press Relations & Social Media Lead
Tel: +33 1 47 78 22 89
Email: Jason Hyonne
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program is designed to enhance shareholder value by reducing the total number of outstanding shares, which can lead to an increase in earnings per share and potentially boost stock prices.
How many shares did Technip Energies buy back during this period?
During the specified period, Technip Energies repurchased a total of 215,000 shares through various transactions.
What is Technip Energies' stock ticker?
Technip Energies is listed under the ticker symbol PARIS:TE on Euronext Paris.
Where can I find more information about Technip Energies?
To learn more about Technip Energies, you can visit their official website or reach out to their investor relations team.
What markets does Technip Energies operate in?
Technip Energies operates in 34 countries globally, focusing on projects and technologies related to energy transition.