Eni Expands Buyback, Treasury Stake Reaches 6.5% of Share Capital

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

During the week of 9–13 February 2026, Eni bought 2,220,844 of its own shares on Euronext Milan, equal to 0.07% of its share capital, at a weighted average price of €18.0112 per share, for a total outlay of about €40 million under its previously approved treasury share buyback programme. The move is part of a wider capital management strategy that has seen Eni repurchase 117.6 million shares, or 3.74% of capital, since May 2025 and lift its total treasury stock, including shares used for executive and employee plans, to 204.4 million shares, or 6.5% of the company’s share capital as of 18 February 2026.

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 Italian integrated energy company active across the oil and gas value chain and increasingly in low-carbon and renewable energy. Listed on Euronext Milan, it focuses on exploration and production, gas and power, refining and chemicals, and related energy services for global industrial and retail markets.

Average Trading Volume: 255,580

Technical Sentiment Signal: Buy

Current Market Cap: $65.55B

For detailed information about E stock, go to TipRanks’ Stock Analysis page.