Eni S.p.A. Expands Treasury Shares Holdings

Eni SPA (E) has released an update.

Eni S.p.A. has reported the purchase of 540,000 treasury shares at an average price of 14.0651 euros per share, totaling over 7.59 million euros, as part of their shareholders’ remuneration program. Since the second tranche of the buyback program began on June 13, 2024, the company has acquired about 1.33% of its share capital for roughly 623.89 million euros. With the latest acquisition, Eni now holds 4.27% of its share capital in treasury shares.

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