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Eni S.p.A. Expands Treasury Share Buyback Program

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Eni S.p.A. Expands Treasury Share Buyback Program

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The latest announcement is out from ENI S.p.A. ( (IT:ENI) ).

Eni S.p.A. has recently acquired 2,129,963 treasury shares on the Euronext Milan, representing 0.07% of its share capital, at an average price of 15.0237 euros per share. This purchase is part of a larger buyback program initiated on May 20, 2025, which has seen the company acquire a total of 59,064,027 shares, equal to 1.88% of its share capital, for over 840 million euros. The acquisition of these shares is likely to enhance shareholder value and reflects Eni’s strategic focus on optimizing its capital structure.

The most recent analyst rating on (IT:ENI) stock is a Hold with a EUR15.50 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, refining, and marketing of oil and natural gas. The company also focuses on renewable energy solutions and sustainability initiatives, positioning itself as a leader in the transition to cleaner energy sources.

Average Trading Volume: 9,794,454

Technical Sentiment Signal: Buy

Current Market Cap: €45.9B

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

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