Buyback program supports Total quotes

09.02.2024

French oil and gas giant TotalEnergies (TTE American Depositary Receipts/ADRs) reported mixed results for the fourth quarter. However, the company raised its dividend and announced a $2 billion buyback in the first quarter.

The gas business remains TotalEnergies' weak link. The company's revenue decreased by 14% yoy, to $55 billion, due...