Technip Energies Initiates €150 Million Share Buy-back Program

Technip Energies, a key player in technology and engineering for energy and decarbonization infrastructure, has announced a share buy-back program. The initiative aims to acquire shares worth up to €150 million. Up to €120 million will be used for cancelling shares, and €30 million for fulfilling equity compensation plans. The program allows for a maximum acquisition of 5 million shares, to conclude by December 31, 2026.

Approved by the board and aligned with EU regulations, this program follows a shareholder resolution permitting 10% capital repurchase within 18 months. The company plans to renew this authorization at the 2026 AGM. Current treasury holds 2.74 million shares, approximately 1.54% of the share capital, aimed at equity compensation.

An investment service provider will execute the buy-backs independently, considering market dynamics and legal requirements. The €150 million budget excludes ancillary costs. Technip Energies will continuously communicate repurchase updates as per legal standards.