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Market Chatter: TotalEnergies Mulls Cross-Listing Shares in US
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Market Chatter: TotalEnergies Mulls Cross-Listing Shares in US
May 24, 2024 9:34 AM

12:06 PM EDT, 05/24/2024 (MT Newswires) -- TotalEnergies (TTE) is mulling the cross-listing of its shares in the US while maintaining its Euronext stock exchange listing, Reuters reported Friday, citing Chief Executive Officer Patrick Pouyanne.

The newswire said Pouyanne made the remarks during the company's annual shareholder meeting held the same day.

"It's more a technical study, how to offer these shares to the American market, while keeping our shares on Euronext, in Paris, in London, in Brussels, because the majority of our shareholders are European," Pouyanne reportedly said.

TotalEnergies did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 71.66, Change: +1.16, Percent Change: +1.65

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