(CercleFinance.com) – Technip Energies announces the launch of a share buyback program of up to 100 million euros, including up to 70 million for cancellation purposes and up to 30 million intended to fulfill the obligations under stock incentive plans.
The engineering company for the energy sector specifies that the maximum number of shares that can be acquired under the program, which will continue until December 31, 2024, is five million.
On February 28, Technip Energies self-owned approximately 4.4 million shares, representing approximately 2.5% of its capital. They are currently held for the purpose of fulfilling its obligations under its stock incentive plans.
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