Eni S.p.A. Buys Treasury Shares Dec 16-20
Ticker: EIPAF · Form: 6-K · Filed: Dec 23, 2024 · CIK: 1002242
| Field | Detail |
|---|---|
| Company | Eni Spa (EIPAF) |
| Form Type | 6-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 15 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: treasury-shares, share-buyback, disclosure
Related Tickers: E
TL;DR
Eni bought back its own stock last week, details in new 6-K filing.
AI Summary
Eni S.p.A. reported on its purchase of treasury shares for the period of December 16 to December 20, 2024. The filing, submitted on December 23, 2024, details these transactions as part of its ongoing treasury share program. Eni S.p.A. is an Italian energy company.
Why It Matters
This filing provides transparency on Eni's share buyback activities, which can influence stock price and investor perception of the company's financial health and 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
- December 16 to December 20, 2024 (date) — Period of treasury share purchases
- December 23, 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 December 16 to December 20, 2024.
When was this report filed with the SEC?
This report was filed on December 23, 2024.
What is Eni S.p.A.'s principal executive office address?
Eni S.p.A.'s principal executive office is located at Piazzale Enrico Mattei 1, 00144 Rome, Italy.
Does Eni S.p.A. file annual reports under Form 20-F or Form 40-F?
Eni S.p.A. files annual reports under cover of Form 20-F.
Is Eni S.p.A. furnishing information to the Commission pursuant to Rule 12g3-2(b)?
No, Eni S.p.A. is not furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Filing Stats: 3,666 words · 15 min read · ~12 pages · Grade level 1.6 · Accepted 2024-12-23 13:07:52
Filing Documents
- form6k-33310_eni.htm (6-K) — 12189KB
- image_001.jpg (GRAPHIC) — 3KB
- image_004.jpg (GRAPHIC) — 4KB
- 0001174947-24-001388.txt ( ) — 12200KB
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: December 23, 2024 Eni: report on the purchase of treasury shares during the period from 16 to 20 December 2024 San Donato Milanese (Milan), 23 December 2024 – During the period from 16 to 20 December 2024, Eni acquired on the Euronext Milan no. 9,703,932 shares (equal to 0.30% of the share capital), at a weighted average price per share equal to 12.8813 euro, for a total consideration of 124,998,932.49 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) 16/12/2024 1,893,120 € 13.2056 € 24,999,719.21 17/12/2024 1,941,000 € 12.8796 € 24,999,270.60 18/12/2024 1,938,185 € 12.8987 € 24,999,971.89 19/12/2024 1,954,081 € 12.7937 € 24,999,998.39 20/12/2024 1,977,546 € 12.6419 € 24,999,972.40 Total 9,703,932 € 12.8813 € 124,998,932.49 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 105,695,217 shares (equal to 3.22% of the share capital) for a total consideration of 1,472,563,625.68 euro. Considering the treasury shares al