tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eni Completes Significant Share Buyback in Early July 2025

Story Highlights
Eni Completes Significant Share Buyback in Early July 2025

Elevate Your Investing Strategy:

Eni SPA ( (E) ) just unveiled an announcement.

During the period from June 30 to July 4, 2025, Eni S.p.A. acquired 3,599,998 shares, equivalent to 0.11% of its share capital, at an average price of €13.8894 per share. This purchase, part of a treasury shares program approved by shareholders in May 2025, totaled €50,001,849.83. Since the program’s inception on May 20, 2025, Eni has acquired 25,109,648 shares, representing 0.80% of its share capital, for €340,002,790.56. The company now holds 116,719,975 shares, or 3.71% of its share capital, indicating a strategic move to consolidate its market position and potentially enhance shareholder value.

The most recent analyst rating on (E) stock is a Buy with a $39.60 price target. To see the full list of analyst forecasts on Eni SPA stock, see the E Stock Forecast page.

Spark’s Take on E Stock

According to Spark, TipRanks’ AI Analyst, E is a Outperform.

Eni SPA’s overall stock score reflects its strong financial performance and strategic progress as highlighted in the recent earnings call. Technical indicators suggest caution due to overbought conditions, while the moderate valuation and attractive dividend yield provide a balanced investment outlook.

To see Spark’s full report on E stock, click here.

More about Eni SPA

Eni S.p.A. is a major player in the energy sector, primarily involved in oil and gas exploration, production, refining, and marketing. The company operates globally, focusing on sustainable energy solutions and maintaining a significant presence in the European market.

Average Trading Volume: 343,450

Technical Sentiment Signal: Strong Buy

Current Market Cap: $49.43B

See more data about E stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1