TotalEnergies Increases Share Buybacks and Pledges Dividend Growth

TotalEnergies SE announced a significant increase in shareholder returns, committing to raise its annual dividend by more than 5% through 2030. The French energy company plans to repurchase $2.5 billion of shares in the fourth quarter of 2026, followed by an additional $2 billion to $2.5 billion in the first quarter of 2027.

These financial measures follow a period of surging prices and rising oil and gas output. The company previously executed $1.5 billion in repurchases during the July-September period. TotalEnergies expects its debt gearing ratio to remain below 10% by the end of the year.