Eni S.p.A. Reports Treasury Share Purchases
Ticker: EIPAF · Form: 6-K · Filed: Sep 18, 2024 · CIK: 1002242
| Field | Detail |
|---|---|
| Company | Eni Spa (EIPAF) |
| Form Type | 6-K |
| Filed Date | Sep 18, 2024 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 14 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: treasury-shares, share-buyback, disclosure
TL;DR
Eni bought back its own shares Sept 9-13, 2024.
AI Summary
Eni S.p.A. reported on its purchase of treasury shares for the period of September 9 to September 13, 2024. The filing, submitted on September 18, 2024, details these transactions as part of its ongoing treasury share program.
Why It Matters
This filing provides transparency on Eni's share buyback activities, which can impact share price and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of treasury share purchases, not indicating new or significant risks.
Key Players & Entities
- Eni S.p.A. (company) — Registrant
- September 9 to September 13, 2024 (date) — Period of treasury share purchases
- September 18, 2024 (date) — Filing date
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report on Eni S.p.A.'s purchase of treasury shares during the period from September 9 to September 13, 2024.
When was this report filed with the SEC?
This report was filed with the SEC on September 18, 2024.
What period does the treasury share purchase report cover?
The report covers the period from September 9 to September 13, 2024.
Is Eni S.p.A. required to file annual reports under Form 20-F or Form 40-F?
Yes, Eni S.p.A. indicated it files annual reports under cover of Form 20-F.
Where is Eni S.p.A.'s principal executive office located?
Eni S.p.A.'s principal executive office is located at Piazzale Enrico Mattei 1, 00144 Rome, Italy.
Filing Stats: 3,525 words · 14 min read · ~12 pages · Grade level 1.5 · Accepted 2024-09-18 10:50:57
Filing Documents
- form6k-32874_eni.htm (6-K) — 5077KB
- image_001.jpg (GRAPHIC) — 16KB
- image_002.jpg (GRAPHIC) — 61KB
- 0001174947-24-001084.txt ( ) — 5185KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorised. Eni S.p.A. /s/ Paola Mariani Name: Paola Mariani Title: Head of Corporate Secretary’s Staff Office Date: September 18, 2024 Eni: report on the purchase of treasury shares during the period from 9 to 13 September 2024 San Donato Milanese (Milan), 18 September 2024 – During the period from 9 to 13 September 2024, Eni acquired on the Euronext Milan no. 2,728,500 shares (equal to 0.08% of the share capital), at a weighted average price per share equal to 13.9274 euro, for a total consideration of 38,000,973.16 euro within the second tranche of the treasury shares program approved by the Shareholders' Meeting on 15 May 2024, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999, for the purpose of paying to the Shareholders an additional remuneration compared to the distribution of dividends. On the basis of the information provided by the intermediary appointed to make the purchases, here below a synthesis of transactions for the purchase of treasury shares on the Euronext Milan on a daily basis: Trade date (dd/mm/yy) Transaction quantity Transaction weighted average price (euro) Transaction amount (euro) 09/09/2024 540,500 € 14.0604 € 7,599,623.50 10/09/2024 545,000 € 13.9416 € 7,598,150.20 11/09/2024 551,000 € 13.7948 € 7,600,922.13 12/09/2024 550,000 € 13.8230 € 7,602,636.80 13/09/2024 542,000 € 14.0215 € 7,599,640.53 Total 2,728,500 € 13.9274 € 38,000,973.16 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 43,077,347 shares (equal to 1.31% of the share capital) for a total consideration of 616,291,821.55 euro. Considering the treasury shares already held and the