
BuybackMay 27, 2026, 10:31 AM
Eni completes first buyback tranche, launches second for up to 297.9M shares
AI Summary
Eni S.p.A. announced the completion of the first tranche of its 2026 treasury shares buyback program, acquiring 3,363,076 shares for €79.9 million between May 19 and 22, 2026. Since the program's inception, Eni has repurchased 5.1 million shares for €119.9 million, now holding 3.04% of its share capital. The company is now launching a second tranche, authorized by shareholders, to buy back up to 297.9 million shares (9.8% of capital) by April 2027, as part of its total €2.8 billion buyback program.
Key Highlights
- Eni completed the first tranche of its 2026 treasury shares buyback program.
- Acquired 3,363,076 shares (0.11% of share capital) from May 19-22, 2026.
- Total consideration for this period was €79,916,639.44 at a weighted average price of €23.7630 per share.
- From the program's start, Eni purchased 5,100,000 treasury shares (0.17% of share capital) for €119,916,609.39.
- Eni now holds 91,928,107 shares, equal to 3.04% of its share capital.
- The company is launching a second tranche to buy back up to 297.9 million shares (9.8% of share capital).
- The second tranche has a maximum duration until the end of April 2027.
- This is part of a total €2.8 billion buyback program, with a potential increase to €4 billion.
Price Impact
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