TotalEnergies SE: Shares Outstanding and Voting Rights at Year-End 2024
Thursday, Jan 9, 2025 12:05 pm ET
2min read
TTE --
As we approach the end of 2024, investors and stakeholders alike are eager to understand the current state of TotalEnergies SE's capital structure. This article will delve into the total number of shares outstanding and voting rights at TotalEnergies SE as of December 31, 2024.
Shares Outstanding
The total number of shares outstanding for TotalEnergies SE at the end of 2024 was 2,390 million shares. This figure represents the total number of shares held by shareholders, excluding treasury shares. The shares outstanding have been on a downward trend in recent years, with a 2.28% decline year-over-year as of the quarter ending September 30, 2024. This decline can be attributed to the company's share buyback programs and other capital management initiatives.
Voting Rights
As of December 31, 2024, TotalEnergies SE had a total of 2,397,679,661 shares in its share capital, with the same number of theoretical voting rights. The exercisable voting rights stood at 2,248,149,843, after deducting 149,529,818 treasury shares. This disclosure is made in compliance with Article L.233-8-II of the French Commercial Code and article 223-16 of the AMF General Regulation.
Conclusion
In summary, TotalEnergies SE's shares outstanding and voting rights as of December 31, 2024, provide valuable insights into the company's capital structure and shareholder base. The decline in shares outstanding reflects the company's efforts to optimize its capital structure, while the voting rights breakdown highlights the importance of shareholder engagement and corporate governance. As investors and stakeholders continue to monitor TotalEnergies SE's performance, understanding the company's capital structure is crucial for making informed investment decisions.