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Eni Expands Buyback, Treasury Share Holding Rises to 6.43% After Early February Purchases

Story Highlights
  • Between 2 and 6 February 2026, Eni repurchased 2.3 million shares for about €40 million.
  • Since May 2025, Eni has bought 115.4 million shares, lifting treasury stock to 6.43 percent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eni Expands Buyback, Treasury Share Holding Rises to 6.43% After Early February Purchases

Meet Samuel – Your Personal Investing Prophet

Eni SPA ( (E) ) has issued an update.

During the period from 2 to 6 February 2026, Eni S.p.A. repurchased 2,295,840 of its own shares on Euronext Milan, equal to 0.07% of its share capital, at a weighted average price of €17.4228 per share for a total outlay of about €40 million. These transactions formed part of the share buyback programme authorised by shareholders on 14 May 2025 and executed through an appointed intermediary.

Since the launch of the buyback on 20 May 2025, Eni has cumulatively acquired 115,372,617 shares, corresponding to 3.67% of its share capital, for roughly €1.74 billion. Including treasury stock already held and shares granted to executives and employees under incentive and ownership plans, the group now holds 202,200,631 treasury shares in total, representing 6.43% of its share capital, underscoring a sustained capital management strategy that affects ownership structure and per‑share metrics for investors.

The most recent analyst rating on (E) stock is a Buy with a $45.00 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 is driven by strong earnings call results and positive technical indicators, which highlight the company’s strategic growth and operational efficiency. Financial performance shows solid cash flow and a stable balance sheet, though profitability and revenue growth remain areas for improvement. The valuation is reasonable, with a high dividend yield adding to the stock’s appeal.

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

More about Eni SPA

Eni S.p.A. is an integrated energy company headquartered in Italy, active across the oil, gas and increasingly low‑carbon energy value chain. Its primary businesses include exploration and production, refining, chemicals and energy solutions, with shares listed on Euronext Milan and a broad international investor base.

Average Trading Volume: 254,930

Technical Sentiment Signal: Buy

Current Market Cap: $64.64B

Learn more about E stock on TipRanks’ Stock Analysis page.

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