StockWatch
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Oil & Gas Production
BuybackMay 20, 2026, 11:21 AM

Eni Buys 861,111 Treasury Shares for 19.9M Euro on May 11

AI Summary

Eni S.p.A. reported the purchase of 861,111 treasury shares on May 11, 2026, on Euronext Milan. These shares were acquired at a weighted average price of 23.2258 euro per share, totaling 19,999,991.86 euro. This transaction is part of the first tranche of a buyback program approved by shareholders on May 6, 2026, intended to serve the 2026-2028 Long-Term Incentive Plan. Since the program's start on May 8, Eni has acquired a total of 1,736,924 shares for 39,999,969.95 euro, bringing its total treasury shareholding to 88,565,031 shares, or 2.92% of the share capital.

Key Highlights

  • Eni acquired 861,111 treasury shares on May 11, 2026
  • Weighted average price per share on May 11 was 23.2258 euro
  • Total consideration for May 11 purchases was 19,999,991.86 euro
  • Shares acquired represent 0.03% of share capital on May 11
  • Cumulative shares acquired since May 8 total 1,736,924 (0.06% of share capital)
  • Cumulative consideration since May 8 is 39,999,969.95 euro
  • Eni now holds 88,565,031 treasury shares, equal to 2.92% of share capital
  • Purchases are part of the 2026-2028 Long-Term Incentive Plan