Eni SPA (E) has released an update.
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.
