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TotalEnergies Mulls Primary New York Listing to Expand U.S. Shareholder Base

OilPrice.com Friday, 26 April 2024 ()
TotalEnergies CEO, Patrick Pouyanne, disclosed plans for a potential New York listing during an analyst briefing on Friday, citing the desire to attract a larger share of U.S. investors. With 47% of institutional shareholders and 39% of global investors based in the United States, TotalEnergies (TTEF.PA) aims to strategically position itself within the American financial landscape. While a definitive decision awaits board deliberations, Pouyanne emphasized the importance of adapting to investor preferences, especially in light of market dynamics…
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