Eni Completes €1.8 Billion Share Buyback, Set to Cancel 3.77% of Capital

ENI S.p.A. ( (IT:ENI) ) just unveiled an announcement.

Eni has completed its 2025 share buyback program, repurchasing 118,782,928 shares for about €1.8 billion, equal to 3.77% of its share capital, in a move designed to provide shareholders with additional remuneration on top of dividends. The repurchased shares are scheduled to be cancelled, which will reduce the company’s share count and is likely to enhance earnings per share and consolidate Eni’s shareholder‑friendly capital return profile.

Including the latest purchases and existing holdings, Eni now holds 205,610,942 treasury shares, corresponding to 6.53% of its share capital, part of which supports employee share and long‑term incentive plans. In the final phase between 16 and 18 February 2026, the group bought 1,189,467 shares on Euronext Milan at an average price of €18.2217, underscoring its continued use of buybacks and stock‑based awards as tools to manage capital structure and align employees with shareholder interests.

The most recent analyst rating on (IT:ENI) stock is a Sell with a EUR17.00 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 an integrated energy company active across the oil, gas and increasingly low‑carbon sectors, with operations spanning exploration and production, refining, chemicals and gas and power marketing. Listed in Milan, it targets both domestic and international markets, and has been using share repurchase and incentive plans as part of its broader capital allocation and employee‑remuneration strategy.

Average Trading Volume: 9,740,343

Technical Sentiment Signal: Buy

Current Market Cap: €57.07B

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