| Shareholders' equity |
4) Shareholders’ equity Treasury shares (TotalEnergies shares held directly by TotalEnergies SE) | | | | | | | December 31, 2024 | | June 30, 2025 | Number of treasury shares | | 149,529,818 | | 77,953,973 | Percentage of share capital | | 6.24% | | 3.42% |
At its meeting on February 4, 2025, the Board of Directors decided, following the authorization of the Extraordinary Shareholder’s Meeting held on May 25, 2022, to cancel 127,622,460 treasury shares bought back between October 27, 2023 and November 19, 2024. Dividend The Shareholder’s Meeting of May 23, 2025 approved the distribution of an ordinary dividend at €3.22 per share. The final dividend for fiscal year 2024 was paid according to the following timetable : | | | | | | | | | Dividend 2024 | | First interim | | Second interim | | Third interim | | Final | Amount | | €0.79 | | €0.79 | | €0.79 | | €0.85 | Set date | | April 25, 2024 | | July 24, 2024 | | October 30, 2024 | | May 23, 2025 | Ex-dividend date | | September 25, 2024 | | January 2, 2025 | | March 26, 2025 | | June 19, 2025 | Payment date | | October 1, 2024 | | January 6, 2025 | | April 1, 2025 | | July 1, 2025 |
The Board of Directors, at its meeting on April 29, 2025, set the first interim dividend for the fiscal year 2025 at €0.85 per share. The ex-dividend date of this interim dividend will be October 1, 2025 and it will be paid in cash on October 3, 2025. Furthermore, the Board of Directors, at its meeting on July 23, 2025, set the second interim dividend for the fiscal year 2025 at €0.85 per share, i.e. an amount equal to the aforementioned first interim dividend. The ex-dividend date of this interim dividend will be December 31, 2025 and it will be paid in cash on January 5, 2026. | | | | | Dividend 2025 | | First interim | | Second interim | Amount | | €0.85 | | €0.85 | Set date | | April 29, 2025 | | July 23, 2025 | Ex-dividend date | | October 1, 2025 | | December 31, 2025 | Payment date | | October 3, 2025 | | January 5, 2026 |
Earnings per share in Euro Earnings per share in Euro, calculated from the earnings per share in U.S. dollars converted at the average Euro/USD exchange rate for the period, amounted to €1.03 per share for the 2nd quarter 2025 (€1.61 per share for the 1st quarter 2025 and €1.51 per share for the 2nd quarter 2024). Diluted earnings per share calculated using the same method amounted to €1.01 per share for the 2nd quarter 2025 (€1.60 per share for the 1st quarter 2025 and €1.51 per share for the 2nd quarter 2024). Earnings per share are calculated after remuneration of perpetual subordinated notes. Perpetual subordinated notes TotalEnergies SE has not issued any perpetual subordinated notes during the first six months of 2025. In February 2025, TotalEnergies SE has redeemed the outstanding nominal amount of €1,082 million of perpetual subordinated notes carrying a coupon of 2.625%, issued in February 2015, on their first call date. Other comprehensive income Detail of other comprehensive income is presented in the table below: | | | | | (M$) | | 1st half 2025 | | 1st half 2024 | Actuarial gains and losses | | 16 | | 20 | | | | | | Change in fair value of investments in equity instruments | | 64 | | 143 | | | | | | Tax effect | | (19) | | (19) | Currency translation adjustment generated by the parent company | | 8,690 | | (2,189) | Sub-total items not potentially reclassifiable to profit and loss | | 8,751 | | (2,045) | | | | | | Currency translation adjustment | | (6,709) | | 1,622 | - unrealized gain/(loss) of the period | | (6,708) | | 1,634 | - less gain/(loss) included in net income | | 1 | | 12 | | | | | | Cash flow hedge | | (668) | | 1,400 | - unrealized gain/(loss) of the period | | (1,000) | | 1,346 | - less gain/(loss) included in net income | | (332) | | (54) | | | | | | Variation of foreign currency basis spread | | 19 | | (15) | - unrealized gain/(loss) of the period | | 12 | | (6) | - less gain/(loss) included in net income | | (7) | | 9 | | | | | | Share of other comprehensive income of equity affiliates, net amount | | (274) | | (114) | - unrealized gain/(loss) of the period | | (268) | | (103) | - less gain/(loss) included in net income | | 6 | | 11 | | | | | | Other | | 7 | | - | | | | | | Tax effect | | 156 | | (372) | Sub-total items potentially reclassifiable to profit and loss | | (7,469) | | 2,521 | Total other comprehensive income (net amount) | | 1,282 | | 476 |
Tax effects relating to each component of other comprehensive income are as follows: | | | | | | | | | | | | | | | | | 1st half 2025 | 1st half 2024 | | | Pre-tax | | | | | | | Pre-tax | | | | | | (M$) | | amount | | Tax effect | | Net amount | | | amount | | Tax effect | | Net amount | | Actuarial gains and losses | | 16 | | (5) | | 11 | | | 20 | | 12 | | 32 | | Change in fair value of investments in equity instruments | | 64 | | (14) | | 50 | | | 143 | | (31) | | 112 | | Currency translation adjustment generated by the parent company | | 8,690 | | - | | 8,690 | | | (2,189) | | - | | (2,189) | | Sub-total items not potentially reclassifiable to profit and loss | | 8,770 | | (19) | | 8,751 | | | (2,026) | | (19) | | (2,045) | | Currency translation adjustment | | (6,709) | | - | | (6,709) | | | 1,622 | | - | | 1,622 | | Cash flow hedge | | (668) | | 163 | | (505) | | | 1,400 | | (376) | | 1,024 | | | | | | | | | | | | | | | | | Variation of foreign currency basis spread | | 19 | | (7) | | 12 | | | (15) | | 4 | | (11) | | Share of other comprehensive income of equity affiliates, net amount | | (274) | | - | | (274) | | | (114) | | - | | (114) | | Other | | 7 | | - | | 7 | | | - | | - | | - | | Sub-total items potentially reclassifiable to profit and loss | | (7,625) | | 156 | | (7,469) | | | 2,893 | | (372) | | 2,521 | | Total other comprehensive income | | 1,145 | | 137 | | 1,282 | | | 867 | | (391) | | 476 | |
|