TotalEnergies Announces Share Buyback Increase and Dividend Growth Pledge Through 2030
TotalEnergies SE (TTE) announced plans to increase its share buybacks in the next two quarters, citing stronger cash generation from higher oil and gas prices. The company also pledged annual dividend growth of more than 5% through 2030 as it prepares for an investor presentation in New York. The move reflects confidence in TotalEnergies' financial performance amid favorable energy market conditions. By boosting buybacks, the firm aims to return value to shareholders while maintaining a commitment to consistent and growing dividends over the long term.
Tickers: $TTE
Topics: capital allocation energy sector oil prices share buybacks