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Abstract:(Reuters) – TotalEnergies will expand plans to buy back its own shares, the French energy group said on Thursday, as soaring oil and gas prices helped it post surging earnings for the first three months of 2022.
div classBodysc17zpet90 cdBBJodivpReuters – TotalEnergies will expand plans to buy back its own shares, the French energy group said on Thursday, as soaring oil and gas prices helped it post surging earnings for the first three months of 2022.p
pThe oil and gas major, which is bolstering its renewable and electricity portfolios, is now planning 3 billionworth of share buybacks. It had in February said it would buy back 2 billion in shares during the first half of the year.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pThe company posted an adjusted net income up 32 quarteronquarter to 9.0 billion for the first three months of 2022, with a core profit up 22 at 17.4 billion.p
p
pp Reporting by Benjamin Mallet and Sarah Morland Editing by Sudip KarGuptap
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