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Eni SPA ( (E) ) just unveiled an announcement.
Eni S.p.A. announced the acquisition of 4,238,114 treasury shares on the Euronext Milan from June 23 to June 27, 2025, representing 0.13% of its share capital, at an average price of €13.8828 per share, totaling €58,836,802.46. This purchase is part of a broader buyback program initiated on May 20, 2025, which has seen the company acquire 21,509,650 shares, equating to 0.68% of its share capital, for €290,000,940.73. With these acquisitions, Eni now holds 113,119,977 shares, or 3.59% 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 focusing on oil and gas exploration, production, and distribution. The company is headquartered in Rome, Italy, and operates globally, providing energy solutions and services to various markets.
Average Trading Volume: 379,961
Technical Sentiment Signal: Strong Buy
Current Market Cap: $49.5B
For an in-depth examination of E stock, go to TipRanks’ Overview page.