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KioskNews
The Daily Newsstand · Free, Always
Monday, October 19, 2026
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Seeking Alpha·United States·

Total Energy plans share buyback

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Ananya Roy

  • Total Energy Services (TOT:CA) said on Monday that it plans to repurchase up to 1,815,000 shares, representing 5% of the total number of its outstanding shares as of October 16, 2026.
  • The share repurchase will begin on October 21, 2026, and expire on October 20, 2027, the company added.
  • Currently, the company has 36,300,000 shares issued and outstanding.
  • The share repurchase is subject to a maximum daily purchase limit of 35,239 shares based on an average daily trading volume for the last six calendar months of 140,956 shares.
  • Total Energy said that the repurchase of its shares is an attractive investment opportunity that will benefit its remaining shareholders by increasing their proportionate equity investment in the company.
  • Source: Press Release

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