Dividends & Buybacks ·
TotalEnergies declares €0.90/share interim dividend, completes $800M Nigeria divestment
TTETotalEnergies SE
The Board of Directors approved a third interim dividend of €0.90 per share for fiscal year 2026, representing a 5.9% increase over the prior year's distributions. The payment is scheduled to detach on March 31, 2027, and pay out in early April 2027. Separately, TotalEnergies completed the divestment of its 10% non-operated interest in the Renaissance JV oil licenses in Nigeria to Vaaris for $800 million, while retaining full economic interest in three associated gas licenses that supply half of Nigeria LNG's feedstock. The company also expanded a U.S. renewables joint venture with KKR by adding a 700 MW solar portfolio valued at $1.2 billion and acquired a 25% working interest in 26 Chevron-operated offshore exploration blocks. TotalEnergies SE is a global integrated energy company producing oil, gas, renewables, and electricity.