Eni Buys Back 1.1M Shares

TL;DR

Eni bought back 1.1M shares Jan 13-17, part of its buyback program.

AI Summary

Eni S.p.A. reported the purchase of 1,100,000 of its own shares on January 17, 2025, as part of its ongoing share buyback program. The company also disclosed purchases made between January 13 and January 17, 2025, totaling 1,100,000 shares. This action is part of Eni's plan to repurchase shares, as detailed in its Form 6-K filing.

Why It Matters

The repurchase of treasury shares can signal management's confidence in the company's valuation and potentially increase earnings per share, which is a key metric for investors.

Risk Assessment

Risk Level: low — This filing is a routine update on share repurchases and does not contain significant new financial or strategic information.

Key Numbers

• 1,100,000 — Treasury Shares Purchased (Repurchased between January 13 and January 17, 2025, as part of Eni's buyback program.)

Key Players & Entities

• Eni S.p.A. (company) — Registrant
• 1,100,000 (dollar_amount) — Number of treasury shares purchased
• January 17, 2025 (date) — Date of share purchase
• January 13, 2025 (date) — Start date of share purchase period

FAQ

Filing Documents

• form6k-33431_eni.htm (6-K) — 7571KB
• image_001.jpg (GRAPHIC) — 9KB
• image_002.jpg (GRAPHIC) — 4KB
• 0001174947-25-000049.txt ( ) — 7590KB

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 22, 2025 Eni: report on the purchase of treasury shares during the period from 13 to 17 January 2025 San Donato Milanese (Milan), 22 January 2025 – During the period from 13 to 17 January 2025, Eni acquired on the Euronext Milan no. 3,591,665 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.9217 euro, for a total consideration of 50,001,980.74 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) 13/01/2025 721,623 € 13.8576 € 9,999,996.80 14/01/2025 727,300 € 13.7517 € 10,001,614.32 15/01/2025 717,630 € 13.9348 € 9,999,997.51 16/01/2025 715,000 € 13.9865 € 10,000,373.96 17/01/2025 710,112 € 14.0823 € 9,999,998.15 Total 3,591,665 € 13.9217 € 50,001,980.74 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 120,272,006 shares (equal to 3.66% of the share capital) for a total consideration of 1,667,565,083.79 euro. Considering the treasury shares already held and the

View Full Filing

View this 6-K filing on SEC EDGAR