tiprankstipranks
Eni S.p.A. Invests in Treasury Shares for ESOP
Company Announcements

Eni S.p.A. Invests in Treasury Shares for ESOP

Eni SPA (E) has released an update.

Eni S.p.A. has reported the acquisition of 3,442,000 treasury shares, representing 0.10% of its share capital, at an average price of €14.4772 per share between May 27 and May 31, 2024. The total investment for these transactions amounted to €49,830,476.85. This purchase is part of the first tranche of a treasury shares program intended to support the Employees Stock Ownership Plan for 2024-2026.

For further insights into E stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyEni downgraded to Hold from Buy at Stifel
TipRanks Auto-Generated NewsdeskEni S.p.A. Advances Share Buyback Program
TheFlyEni price target raised to EUR 18 from EUR 17.30 at Morgan Stanley
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!