Eni S.p.A. Reports Treasury Share Purchases Jan 20-24
Ticker: EIPAF · Form: 6-K · Filed: Jan 29, 2025 · CIK: 1002242
| Field | Detail |
|---|---|
| Company | Eni Spa (EIPAF) |
| Form Type | 6-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 14 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: treasury-shares, share-buyback, sec-filing
TL;DR
Eni bought back its own shares Jan 20-24, 2025.
AI Summary
Eni S.p.A. reported the purchase of treasury shares for the period of January 20 to January 24, 2025. The filing, submitted on January 29, 2025, 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 influence stock price and shareholder returns.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of treasury share purchases and does not indicate any new or unusual risks.
Key Players & Entities
- Eni S.p.A. (company) — Registrant
- January 20 to January 24, 2025 (date) — Period of treasury share purchases
- January 29, 2025 (date) — Filing date
FAQ
What type of report is this filing?
This is a Form 6-K report, which is a Report of Foreign Issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
What is the primary subject of this 6-K filing?
The primary subject is Eni's report on the purchase of treasury shares during the period from January 20 to January 24, 2025.
When was this filing submitted to the SEC?
This filing was submitted on January 29, 2025.
Does Eni file annual reports under Form 20-F or 40-F?
Eni indicates it files annual reports under cover of Form 20-F.
What is Eni's principal executive office address?
Eni's principal executive office is located at Piazzale Enrico Mattei 1 - 00144 Rome, Italy.
Filing Stats: 3,514 words · 14 min read · ~12 pages · Grade level 1.6 · Accepted 2025-01-29 10:55:40
Filing Documents
- form6k-33462_eni.htm (6-K) — 5983KB
- image_001.jpg (GRAPHIC) — 9KB
- image_002.jpg (GRAPHIC) — 4KB
- 0001174947-25-000077.txt ( ) — 6002KB
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 29, 2025 Eni: report on the purchase of treasury shares during the period from 20 to 24 January 2025 San Donato Milanese (Milan), 29 January 2025 – During the period from 20 to 24 January 2025, Eni acquired on the Euronext Milan no. 3,645,421 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.7159 euro, for a total consideration of 50,000,166.34 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) 20/01/2025 714,300 € 14.0000 € 10,000,186.43 21/01/2025 726,666 € 13.7615 € 9,999,997.45 22/01/2025 730,172 € 13.6954 € 9,999,993.23 23/01/2025 732,746 € 13.6473 € 9,999,992.76 24/01/2025 741,537 € 13.4855 € 9,999,996.47 Total 3,645,421 € 13.7159 € 50,000,166.34 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 123,917,427 shares (equal to 3.77% of the share capital) for a total consideration of 1,717,565,250.13 euro. Considering the treasury shares already held and the p