Eni S.p.A. Buys Back Treasury Shares
Ticker: EIPAF · Form: 6-K · Filed: Feb 5, 2025 · CIK: 1002242
Sentiment: neutral
Topics: treasury-shares, share-buyback, disclosure
Related Tickers: E
TL;DR
Eni bought back its own shares Jan 27-31. Buyback continues.
AI Summary
Eni S.p.A. reported on its treasury share purchases for the period of January 27 to January 31, 2025. The company acquired shares as part of its share buyback program, details of which are provided in the filing.
Why It Matters
This filing indicates Eni is actively managing its share capital, which can impact shareholder value and stock price.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share buyback activity, not indicating new or significant risks.
Key Players & Entities
- Eni S.p.A. (company) — Registrant
- January 27 to January 31, 2025 (date) — Period of treasury share purchases
FAQ
What is the primary purpose of this Form 6-K filing?
This Form 6-K filing is to report on Eni S.p.A.'s purchase of treasury shares during the period from January 27 to January 31, 2025.
What period does the treasury share purchase report cover?
The report covers the period from January 27 to January 31, 2025.
Is Eni S.p.A. filing this report under the 1934 Act?
Yes, Eni S.p.A. is filing this report pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
What is Eni S.p.A.'s principal executive office address?
Eni S.p.A.'s principal executive offices are located at Piazzale Enrico Mattei 1 - 00144 Rome, Italy.
Does Eni S.p.A. file annual reports under Form 20-F?
Yes, Eni S.p.A. indicates it files annual reports under cover of Form 20-F.
Filing Stats: 3,522 words · 14 min read · ~12 pages · Grade level 1.6 · Accepted 2025-02-05 11:22:27
Filing Documents
- form6k-33497_eni.htm (6-K) — 5478KB
- image_001.jpg (GRAPHIC) — 9KB
- image_002.jpg (GRAPHIC) — 4KB
- 0001174947-25-000126.txt ( ) — 5496KB
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: February 5, 2025 Eni: report on the purchase of treasury shares during the period from 27 to 31 January 2025 San Donato Milanese (Milan), 5 February 2025 – During the period from 27 to 31 January 2025, Eni acquired on the Euronext Milan no. 3,699,893 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.5139 euro, for a total consideration of 49,999,966.87 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) 27/01/2025 744,270 € 13.4360 € 9,999,998.32 28/01/2025 742,878 € 13.4611 € 9,999,986.99 29/01/2025 745,421 € 13.4152 € 9,999,994.91 30/01/2025 737,341 € 13.5622 € 9,999,987.49 31/01/2025 729,983 € 13.6989 € 9,999,999.16 Total 3,699,893 € 13.5139 € 49,999,966.87 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 127,617,320 shares (equal to 3.89% of the share capital) for a total consideration of 1,767,565,217.00 euro. Considering the treasury shares already held and the pu