Enel Boosts Shareholder Value with Strategic Buyback
Company Announcements

Enel Boosts Shareholder Value with Strategic Buyback

Enel S.p.A. (IT:ENEL) has released an update.

Enel has announced the purchase of 226,154 own shares on the Euronext Milan market as part of its 2024 long-term incentive plan, amounting to a total value of approximately 1.62 million euros. This buyback is part of a broader program authorized by the company’s shareholders to enhance shareholder value and support its strategic goals.

For further insights into IT:ENEL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyEnel price target lowered to EUR 7.60 from EUR 7.70 at Berenberg
TheFlyEnel price target raised to EUR 8 from EUR 7.75 at Morgan Stanley
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App