Technip Energies N.V. (ENXTPA:TE) announces a share repurchase program. Under the program, the company will repurchase up to 2,700,000 shares, representing 1.5% of its issued share capital, for €29.85 million. The program's purpose is to fulfil the company's obligations regarding share incentive plans.

The repurchase price will be subject to a maximum price equal to the higher the price of the last independent transaction and the highest current independent tender offer on the regulated market of Euronext Paris, and any other conditions that may be agreed with the intermediary. The program will run until December 31, 2022. The company has approximately 3,000,000 own shares as of March 22, 2022.