Eni Publishes Amended By-laws After Completion of Share Buyback

ENI S.p.A. ( (IT:ENI) ) has shared an announcement.

Eni has updated and published its amended By-laws following the cancellation of 118,782,928 treasury shares previously repurchased under a shareholder-authorized buyback program. The revised By-laws are now accessible to the public at the company’s Rome headquarters, on its corporate website, through the Consob-authorized 1Info storage mechanism, and on the Borsa Italiana website, enhancing transparency for investors and other stakeholders.

The cancellation of treasury shares reflects the completion of a capital return initiative aimed at remunerating shareholders, which was approved at the 2025 shareholders’ meeting and concluded in February 2026. By reducing the number of outstanding shares, the operation may impact key equity metrics such as earnings per share and signals Eni’s continued use of buybacks as a tool in its shareholder remuneration strategy.

The most recent analyst rating on (IT:ENI) stock is a Buy with a EUR27.00 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 a global energy company headquartered in Rome, operating primarily in the oil, gas, and broader energy sector. It is engaged in exploration, production, refining, and marketing of hydrocarbons and related energy services, serving both industrial and retail markets worldwide.

Average Trading Volume: 11,609,997

Technical Sentiment Signal: Buy

Current Market Cap: €65.91B

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