TotalEnergies Mulls Extra Dividend on Strong Cash Flow
TotalEnergies CEO Patrick Pouyanne says the energy giant may consider an extra dividend early next year if annual cash flow reaches $43 billion. Strong third-quarter profits support robust shareholder returns alongside ongoing share buybacks.
Xurve View
Insights:
Xurve View
TOTALENERGIES SE could pay an extra dividend early next year if annual cash flow reaches $43B, CEO Patrick Pouyanne said on Thursday. The potential payout comes as third-quarter profits beat expectations, driven by higher global energy demand. The move aims to fulfill a pledge to return 40% of cash flow to investors.
