# TotalEnergies said it would resume share repurchases of up to $1.5 billion.

*business · news · 2026-04-29 · MarketScreener*

## Key points

- TotalEnergies will repurchase up to $1.5 billion in shares in the second quarter.
- The company raised its interim dividend by nearly 6% to 0.90 euros per share.
- TotalEnergies' net profit doubled to $5.81 billion, surpassing analyst expectations.
- About 15% of TotalEnergies' oil and gas production remains shut due to Middle East conflict.
- New projects in Brazil and Libya offset production losses from shutdowns in the Middle East.

**Companies:** TotalEnergies, BP
**Countries:** France, United Kingdom, Qatar, Iraq, United Arab Emirates, Brazil, Libya

[Read the full story on MarketScreener](https://www.marketscreener.com/news/totalenergies-increases-shareholder-returns-as-iran-conflict-boosts-earnings-update-ce7f59d3dc8ef72c)

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