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Euronews
Euronews
Quirino Mealha

TotalEnergies raises buybacks and pledges higher dividends as oil trades around $100

TotalEnergies Oil

TotalEnergies, the French oil and gas major, is returning more cash to investors.

Presenting its strategy in New York on Monday, TotalEnergies said its board had approved buybacks worth $2.5 billion (€2.2bn) for the last quarter of 2026 and between $2 billion (€1.7bn) and $2.5 billion (€2.2bn) for the first quarter of 2027.

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