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المشهد العربي
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المشهد العربي

2026-09-29T11:47:38.000Z

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Total Energies to Raise Dividends Until 2030

Total Energies to Raise Dividends Until 2030

TotalEnergies, the French energy company, announced that it will increase its share buyback program value during the fourth quarter of 2026 to $2.5 billion, up from approximately $1.5 billion in previous periods. The company also committed to raising its annual dividend payouts by more than 5% until 2030. Additionally, the company continues its plan to increase share repurchases with amounts ranging between $2 billion and $2.5 billion until early 2027. It projects oil and gas production growth of between 2% and 3% annually from 2030 to 2035, supported by strategic project operations in several countries, including Nigeria, Libya, and Malaysia. TotalEnergies achieved record profits in 2026 due to rising oil prices and strong performance across its business activities. The company plans to invest between $14 billion and $17 billion annually from 2027 to 2032, slightly higher than previous targets, as part of its efforts to ensure sustainable growth and expansion.

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