tiprankstipranks
Eni S.p.A. Boosts Shareholder Value with Buyback
Company Announcements

Eni S.p.A. Boosts Shareholder Value with Buyback

Eni SPA (E) has released an update.

Don't Miss our Black Friday Offers:

Eni S.p.A. has strategically acquired over 3.8 million treasury shares, equivalent to 0.12% of its share capital, on the Euronext Milan during early October 2024. This purchase, part of a broader buyback program, aims to enhance shareholder returns beyond dividends, with a total investment of approximately €55 million. Since the inception of the second tranche in June 2024, Eni has bought back a notable 1.60% of its share capital, reflecting a strong commitment to shareholder value.

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

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