Eni S.p.A. Advances Share Buyback Program
Company Announcements

Eni S.p.A. Advances Share Buyback Program

Eni SPA (E) has released an update.

Don't Miss out on Research Tools:

Eni S.p.A., the Italian multinational oil and gas company, has reported the acquisition of 2,728,500 treasury shares at an average price of 13.9274 euros per share, amounting to a total investment of 38,000,973.16 euros. This purchase, conducted between September 9 and 13, 2024, forms part of the second tranche of the buyback program initiated post-shareholder approval on May 15, 2024, aimed at providing additional shareholder remuneration beyond dividends. As of now, Eni holds a total of 139,698,419 shares, representing 4.25% of its share capital.

For further insights into E stock, check out TipRanks’ Stock Analysis page.

Related Articles
Gilan Miller-GertzEx-Dividend Date Nearing for These 10 Stocks – Week of November 18, 2024
TheFlyEni downgraded to Neutral from Outperform at Grupo Santander
TipRanks Auto-Generated NewsdeskEni S.p.A. Boosts Shareholder Value with Buyback
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