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Eni S.p.A. Executes Share Buyback to Enhance Shareholder Value

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Eni S.p.A. Executes Share Buyback to Enhance Shareholder Value

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An announcement from ENI S.p.A. ( (IT:ENI) ) is now available.

Eni S.p.A. announced the purchase of 3,575,792 of its own shares, equivalent to 0.11% of its share capital, on Euronext Milan between February 10 and 14, 2025. This transaction, valued at over 50 million euros, is part of the second tranche of a buyback program initiated to provide extra compensation to shareholders beyond dividends. Since the beginning of this tranche, Eni has acquired a total of 134,839,139 shares, marking a strategic move to enhance shareholder value and strengthen its market position.

More about ENI S.p.A.

Eni S.p.A. is a multinational company operating in the energy sector, primarily focusing on the exploration, production, refining, and marketing of oil and gas. It is one of the largest players in the industry with a strong presence in Europe and other international markets.

YTD Price Performance: 7.53%

Average Trading Volume: 1,374,652

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €44.78B

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

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