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Eni S.p.A. Advances Share Buyback Program with Recent Purchase

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Eni S.p.A. Advances Share Buyback Program with Recent Purchase

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ENI S.p.A. ( (IT:ENI) ) has provided an announcement.

Eni S.p.A. has recently purchased 3,283,799 of its own shares, representing 0.10% of its share capital, at an average price of 15.2263 euros per share, totaling nearly 50 million euros. This transaction is part of a broader buyback program initiated in May 2025, through which Eni has acquired over 65 million shares, equating to 2.07% of its share capital, underscoring its commitment to enhancing shareholder value.

The most recent analyst rating on (IT:ENI) stock is a Hold with a EUR14.50 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 major player in the energy sector, primarily engaged in the exploration, production, and distribution of oil and gas. The company focuses on sustainable energy solutions and operates globally, aiming to enhance its market position through strategic initiatives.

Average Trading Volume: 10,181,341

Technical Sentiment Signal: Buy

Current Market Cap: €45.57B

For an in-depth examination of ENI stock, go to TipRanks’ Overview page.

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