{
  "id": 10459116,
  "title": "TotalEnergies raises buybacks and pledges higher dividends as oil trades around $100",
  "url": "https://urgent.news/2026/09/28/totalenergies-raises-buybacks-and-pledges-higher-dividends-as-oil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T14:10:18.000Z",
  "source": {
    "name": "Euronews Business",
    "slug": "euronews-business",
    "url": "https://www.euronews.com/2026/09/28/totalenergies-raises-buybacks-and-pledges-higher-dividends-as-oil-trades-around-100"
  },
  "original_language": "en",
  "account": null,
  "summary": "TotalEnergies, the French oil and gas company, has announced plans to increase its buybacks and dividends as oil prices trade around $100 per barrel. The company's board approved $2.5 billion in buybacks for the last quarter of 2026 and between $2 billion and $2.5 billion for the first quarter of 2027, compared to $1.5 billion in the third quarter of this year. Additionally, the board adopted a policy to increase the dividend by more than 5% a year for financial years 2026 to 2030, aiming to return at least 40% of cash flow to shareholders. TotalEnergies expects its gearing ratio to fall below 10% by the end of this year and aims to grow energy production, including oil, gas, and electricity, by 4% a year through 2030. The company's portfolio of projects in various countries and existing reserves will allow it to maintain oil and gas output at around 3 million barrels of oil equivalent a day through 2035.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Euronews",
        "title": "TotalEnergies raises buybacks and pledges higher dividends as oil trades around $100",
        "url": "https://urgent.news/2026/09/28/totalenergies-raises-buybacks-and-pledges-higher-dividends-as-oil-10464403",
        "published": "2026-09-28T14:10:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}