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TotalEnergies said it would resume share repurchases of up to $1.5 billion.
TotalEnergies will repurchase up to $1.5 billion in shares in the second quarter.
KEY POINTS
- 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
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