22
STOCK EXCHANGE ORDERS
AND SHAREHOLDERS' RIGHTS
E D I T O R I A L T H E C O M P A N Y T H E T O T A L E N E R G I E S S H A R E T H E T A X A T I O N S H A R E H O L D E R R E L A T I O N S
The main types of orders
Market
order
There is no price limit. It has priority over other
types of orders. Its execution is total.
Example: an order to buy 400 TotalEnergies shares on
the market and with a “day” validity period, sent to the
market during the session of February, 3, 2025, could
have been executed at an average unit price of €55.50.
Order
at best
limit
The order is executed at the best price available
as soon as it reaches the market What makes
this order different from the market order is that
once the price has been determined by the best
seller the order becomes a limited price order
on that value and the purchase will be made only
at that price Execution may therefore be partial
Example an order to buy 400 TotalEnergies shares
at the best limit and with a day validity period sent
to the market during the session of February 3 2025
found as a best offer a price of 5560 It was executed
as a purchasing order at a price limited to 5560
Limited
price
order
It is only executed when the price falls below or
is equal to the purchase limit or rises above or is
equal to the sale limit. Execution may be partial.
Example: an order to buy 400 TotalEnergies shares at
a price limited to €50, and with a “day” validity period,
sent to the market during the session of February 3,
2025, could not be executed because the share price
was above this price all day (lowest price of this session
at €55.50).
WITHOUT
PRICE
FIXING
• maximum
at purchase
• minimum
at sale
WITH
PRICE
FIXING
The French Financial Markets Authority provides
general information to the public on its website
www.amf-france.org, in partucular "Why and how
to invest directly in listed shares".