Eni S.p.A. Buys Back Treasury Shares Jan 6-10
Ticker: EIPAF · Form: 6-K · Filed: Jan 15, 2025 · CIK: 1002242
Sentiment: neutral
Topics: treasury-shares, share-buyback, disclosure
TL;DR
Eni bought back its own shares Jan 6-10, 2025.
AI Summary
Eni S.p.A. reported on the purchase of treasury shares from January 6 to January 10, 2025. The filing, submitted on January 15, 2025, details these transactions as part of its ongoing share buyback program. Eni is a foreign issuer based in Rome, Italy, and files reports under the 1934 Act.
Why It Matters
This filing provides transparency on Eni's capital allocation strategy and its commitment to returning value to shareholders through share repurchases.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of treasury share purchases and does not indicate any new or significant risks.
Key Players & Entities
- Eni S.p.A. (company) — Registrant
- January 6 to January 10, 2025 (date) — Period of treasury share purchases
- January 15, 2025 (date) — Filing date
- Rome, Italy (location) — Principal executive offices
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to report on Eni S.p.A.'s purchase of treasury shares during the period from January 6 to January 10, 2025.
When was this report filed with the SEC?
This report was filed with the SEC on January 15, 2025.
Where is Eni S.p.A. headquartered?
Eni S.p.A. is headquartered 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.
What specific period does the treasury share purchase report cover?
The report covers the purchase of treasury shares during the period from January 6 to January 10, 2025.
Filing Stats: 3,520 words · 14 min read · ~12 pages · Grade level 1.6 · Accepted 2025-01-15 11:53:34
Filing Documents
- form6k-33400_eni.htm (6-K) — 5983KB
- image_001.jpg (GRAPHIC) — 9KB
- image_002.jpg (GRAPHIC) — 4KB
- 0001174947-25-000028.txt ( ) — 6001KB
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: January 15, 2025 Eni: report on the purchase of treasury shares during the period from 6 to 10 January 2025 San Donato Milanese (Milan), 15 January 2025 – During the period from 6 to 10 January 2025, Eni acquired on the Euronext Milan no. 3,659,884 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.6615 euro, for a total consideration of 49,999,497.80 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) 06/01/2025 738,970 € 13.5323 € 9,999,984.42 07/01/2025 736,000 € 13.5863 € 9,999,524.90 08/01/2025 733,610 € 13.6312 € 9,999,997.84 09/01/2025 730,763 € 13.6843 € 9,999,999.12 10/01/2025 720,541 € 13.8784 € 9,999,991.52 Total 3,659,884 € 13.6615 € 49,999,497.80 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 116,680,341 shares (equal to 3.55% of the share capital) for a total consideration of 1,617,563,103.05 euro. Considering the treasury shares already held and the purcha