Eni S.p.A. Buys Back Treasury Shares
Ticker: EIPAF · Form: 6-K · Filed: Feb 12, 2025 · CIK: 1002242
Sentiment: neutral
Topics: treasury-shares, share-repurchase, disclosure
Related Tickers: E
TL;DR
Eni bought back its own stock Feb 3-7, 2025.
AI Summary
Eni S.p.A. reported the purchase of treasury shares between February 3 and February 7, 2025. The filing, submitted on February 12, 2025, details these transactions as part of its ongoing share buyback program. No specific dollar amounts for the purchases were detailed in this particular 6-K filing.
Why It Matters
This filing indicates Eni's continued commitment to returning capital to shareholders through share repurchases, which can support the stock price.
Risk Assessment
Risk Level: low — This is a routine disclosure of treasury share purchases, not indicating new risks or significant changes.
Key Players & Entities
- Eni S.p.A. (company) — Registrant
- February 3 to February 7, 2025 (date) — Period of treasury share purchases
- February 12, 2025 (date) — Filing date
FAQ
What was the purpose of this Form 6-K filing?
The purpose of this Form 6-K filing was to report on Eni S.p.A.'s purchase of treasury shares during the period from February 3 to February 7, 2025.
When was this report filed with the SEC?
This report was filed with the SEC on February 12, 2025.
Does Eni S.p.A. file annual reports under Form 20-F or 40-F?
Eni S.p.A. indicated that it 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. indicated that it is not furnishing information to the Commission pursuant to Rule 12g3-2(b) by this filing.
What is the principal executive office address for Eni S.p.A.?
The principal executive office address for Eni S.p.A. is Piazzale Enrico Mattei 1 - 00144 Rome, Italy.
Filing Stats: 3,526 words · 14 min read · ~12 pages · Grade level 1.6 · Accepted 2025-02-12 11:20:11
Filing Documents
- form6k-33550_eni.htm (6-K) — 6022KB
- image_001.jpg (GRAPHIC) — 9KB
- image_002.jpg (GRAPHIC) — 4KB
- 0001174947-25-000158.txt ( ) — 6041KB
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 12, 2025 Eni: report on the purchase of treasury shares during the period from 3 to 7 February 2025 San Donato Milanese (Milan), 12 February 2025 – During the period from 3 to 7 February 2025, Eni acquired on the Euronext Milan no. 3,646,027 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.7135 euro, for a total consideration of 49,999,849.55 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) 03/02/2025 735,746 € 13.5915 € 9,999,882.19 04/02/2025 738,241 € 13.5457 € 9,999,991.11 05/02/2025 726,572 € 13.7632 € 9,999,987.72 06/02/2025 722,027 € 13.8499 € 9,999,995.25 07/02/2025 723,441 € 13.8228 € 9,999,993.28 Total 3,646,027 € 13.7135 € 49,999,849.55 From the start, on 13 June 2024, of the second tranche of the buyback program, Eni acquired no. 131,263,347 shares (equal to 4% of the share capital) for a total consideration of 1,817,565,066.55 euro. Considering the treasury shares already held and the purch