At its investor presentation in New York, TotalEnergies unveiled its 2030 strategic outlook, including plans to increase shareholder returns and grow energy production. The company expects free cash flow to rise by approximately $10 billion between 2025 and 2030.
TotalEnergies is targeting annual dividend growth of more than 5% through 2030. Its board authorized $2.5 billion in share buybacks for the fourth quarter of 2026.
The company plans an additional $2 billion to $2.5 billion in buybacks in the first quarter of 2027. It also reaffirmed its goal of 4% annual growth in total energy production through 2030.
TotalEnergies expects its Integrated Power division to become free cash flow positive in 2027.