Technip Energies announces launch of share buy-back program
MWN-AI** Summary
Technip Energies, a prominent global player in energy and decarbonization infrastructure, has announced a substantial share buy-back program worth up to €150 million. This initiative aims to enhance shareholder value, with €120 million allocated for the purchase and cancellation of common shares, while €30 million is designated to meet the company’s obligations under equity compensation plans. The total maximum number of shares to be repurchased is capped at 5 million, with the program set to be executed until December 31, 2026.
The decision for the buy-back program was made by the Company's Board of Directors following the authorization granted by shareholders during the Annual General Meeting in May 2025. This authorization permits the company to repurchase up to 10% of its issued share capital over an 18-month period, offering flexibility in terms of pricing, as repurchase prices can range from the nominal share value to a maximum of 110% of the market price.
To ensure proper execution, Technip Energies will appoint an investment service provider, responsible for making independent decisions related to share buy-backs while adhering to regulatory limits on pricing and volume. The program emphasizes compliance with the Market Abuse Regulation and will include regular updates to shareholders regarding repurchases.
As of February 28, 2026, Technip Energies held 2,743,745 treasury shares, approximately 1.54% of its issued capital, which were acquired to satisfy equity compensation obligations. The company’s strategic move underscores its commitment to returning capital to shareholders and reflects ongoing stability in its operations, characterized by diverse segments including LNG and hydrogen.
Overall, this buy-back initiative is positioned to strengthen Technip Energies' balance sheet and enhance shareholder confidence amidst a dynamic market environment.
MWN-AI** Analysis
Technip Energies’ announcement of a €150 million share buy-back program presents a unique investment opportunity and reflects positively on the company’s commitment to shareholder value. Under this plan, the company will repurchase up to 5 million shares, with €120 million allocated for cancellation, signaling management's confidence in the company’s future performance and financial stability.
Share buyback programs are often employed to reduce the number of outstanding shares, which can enhance earnings per share (EPS) and, consequently, possibly bolster stock prices. For investors, this particular buy-back strategy could be construed as an actionable signal that the stock is undervalued, suggesting an opportune time for entering or expanding positions in Technip Energies. The implementation of this program, authorized by the shareholders in May 2025, is designed to optimize capital distribution, further reinforcing shareholder trust in the company’s strategic direction.
Investors should keep an eye on Technip Energies’ stock performance and market conditions, as the actual execution of the buy-back will depend on various factors, including market dynamics. The program is expected to run until December 31, 2026, allowing flexibility in timing which will be handled by an investment service provider.
Furthermore, the company aims to propose to shareholders a renewal of the share repurchase authorization at the 2026 AGM, which would continue to enable share repurchases under similar terms. This ongoing commitment to share buybacks illustrates potential long-term benefits for investors, as it not only emphasizes a return of capital to shareholders but could also stabilize share prices amidst market volatility.
Overall, with €150 million earmarked for buybacks, investor confidence in Technip Energies may increase, highlighting a solid entry point for potential shareholders looking to capitalize on future growth opportunities within the energy and decarbonization sectors.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Technip Energies (PARIS: TE) (the “Company”), a global technology & engineering powerhouse leading in energy and decarbonization infrastructure, today announces the launch of a share buy-back program of up to €150 million (the “Share Buy-back Program”), with up to €120 million to be used to purchase common shares for cancellation and up to €30 million to be used to fulfil the Company’s obligations under equity compensation plans. The maximum number of shares that can be acquired under the Share Buy-back Program is 5 million. The Share Buy-back Program is to be carried out until December 31, 2026.
The Share Buy-back Program was decided by the Company’s Board of Directors and will be implemented in accordance with the provisions of article 5 of the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation (EU) 2016/1052.
The Share Buy-back Program will be carried out pursuant to the authorization to repurchase shares granted by the Company’s shareholders at the Annual General Meeting (the “AGM”) on May 6, 2025. The shareholders resolution authorized the Company to acquire during a period of 18 months up to 10% of the Company’s issued share capital at prices ranging from the nominal value of the shares up to 110% of the market price of the shares, for purposes of, amongst other topics, the return of capital to shareholders, to carry out repurchases under the Company’s share liquidity program, and/or, to the extent such authorization is required, to fulfil the Company’s obligations under its equity compensation plans.
The Company intends to propose to the Company’s shareholders at the 2026 AGM to renew the repurchase authorization. The proposed 2026 authorization will provide for the same terms as the 2025 AGM repurchase authorization (i.e. validity of 18 months, for the same purposes, with a 10% of the share capital limit for repurchases). Following renewal of the repurchase authorization, share repurchases under the Share Buy-back Program will be carried out pursuant to the authorization granted at the 2026 AGM. If the repurchase authorization is not renewed, the Share Buy-back Program will continue under the 2025 AGM repurchase authorization until November 6, 2026.
On February 28, 2026, the Company held 2,743,745 treasury shares, representing approximately 1.54% of its issued share capital. Such shares are currently being held for purposes of fulfilling the Company’s obligations under its equity compensation plans.
The Company will appoint an investment service provider to execute the Share Buy-back Program in accordance with all applicable regulations. The investment service provider will make decisions relating to the repurchase of Company shares independently, including with respect to the timing of any repurchases, and all repurchases effected will be in compliance with daily limits on prices and volumes.
The price paid for any share repurchased pursuant to the Share Buy-back Program will be subject to a maximum amount equal to the greater of (i) the price of the last independent trade and (ii) the highest current independent purchase bid on the trading venue where the purchase is carried out, including when the shares are traded on different trading venues. It will be subject to all other terms and conditions that may be agreed with the investment service provider.
The actual timing, number and value of Company shares repurchased under the Share Buy- back Program will depend on a number of factors, including market conditions, general business conditions and applicable legal requirements. The €150 million allocated to the Share Buy-back Program does not include amounts to cover ancillary costs. The Company is not obligated to carry out the Share Buy-back Program, and, if commenced, the Share Buy-back Program may be suspended or discontinued at any time, for any reason and without previous notice, in accordance with applicable laws and regulations. All repurchased shares will be held as treasury stock unless cancelled.
The Company will issue the required press releases that will disclose the share repurchases effected pursuant to the Share Buy-back Program, as required by applicable laws and regulations, and will make the necessary regulatory filings. The press releases and the transactions carried out will also be published on the Company's website at https://investors.technipenergies.com/financial-information/publications-regulated-information/notice-trading-own-shares. The costs that the Company may incur in connection with the repurchase of the shares pursuant to the Share Buy-back Program will depend on the price and the terms on which actual purchases are made.
The liquidity agreement entered into between the Company and Kepler Cheuvreux is suspended as of today and will remain suspended for the duration of the Share Buy-back Program. To date, the assets in the liquidity account consist of 148,724 shares and €6 773 461.09.
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.
For further information: www.ten.com
Important information for investors and securityholders
Forward-Looking Statements
This press release contains forward-looking statements that reflect Technip Energies’ (the?“Company”) intentions, beliefs or current expectations and projections about the Company’s future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company’s current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.
All of the Company’s forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company’s control, and assumptions that could cause actual results to differ materially from the Company’s historical experience and the Company’s present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see the Company’s risk factors set forth in the Company’s 2025 Annual Financial Report filed on March 10, 2026, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF), which includes a discussion of factors that could affect the Company’s future performance and the markets in which the Company operates.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Contacts
| Investor Relations | Media Relations |
| Phillip Lindsay | Jason Hyonne |
| Vice-President Investor Relations | Press Relations & Social Media Manager |
| Tel: +44 207 585 5051 | Tel: +33 1 47 78 22 89 |
| Email: Phillip Lindsay | Email: Jason Hyonne |
Attachment
FAQ**
How might the launch of the share buy-back program by Technip Energies THNPF impact the company’s stock price in the short term, considering investor sentiment and market conditions?
Given the €150 million allocated for share repurchase, how does Technip Energies THNPF prioritize this buy-back program compared to reinvestment in growth initiatives or debt repayment?
What are the potential risks and benefits associated with Technip Energies THNPF's decision to hold repurchased shares as treasury stock rather than cancelling them outright?
How does Technip Energies THNPF plan to balance its ongoing equity compensation obligations with the objectives of the share buy-back program throughout its duration until December 31, 2026?
**MWN-AI FAQ is based on asking OpenAI questions about Technip Energies (OTC: THNPF).
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