Eni SPA (E) has released an update.
Eni S.p.A., an Italian energy company, has reported the acquisition of 2,682,500 treasury shares at an average price of €14.2779 per share, amounting to a total expense of €38,300,341.87. This move, executed between June 24 and June 28, 2024, is part of a shareholder-approved treasury shares program aimed at providing additional remuneration beyond dividends. With these recent transactions, Eni now holds about 3.14% of its share capital in treasury shares.
For further insights into E stock, check out TipRanks’ Stock Analysis page.
