Eni S.p.A. Advances Share Buyback Program with New Purchases

ENI S.p.A. ( (IT:ENI) ) has shared an update.

Eni S.p.A. announced the purchase of 3,779,312 of its own shares on Euronext Milan between June 2 and June 6, 2025, as part of a buyback program. This transaction, valued at over 50 million euros, represents 0.12% of the company’s share capital. Since the initiation of the buyback program on May 20, 2025, Eni has acquired a total of 10,719,220 shares, amounting to 0.34% of its share capital, reflecting its strategy to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (IT:ENI) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on ENI S.p.A. stock, see the IT:ENI Stock Forecast page.

More about ENI S.p.A.

Eni S.p.A. is a multinational oil and gas company headquartered in Italy. It operates in the energy sector, focusing on the exploration, production, and distribution of oil and natural gas. Eni is a key player in the global energy market, with a significant presence in various countries and a commitment to sustainable energy solutions.

Average Trading Volume: 14,309,446

Technical Sentiment Signal: Strong Buy

Current Market Cap: €41.61B

For a thorough assessment of ENI stock, go to TipRanks’ Stock Analysis page.