Eni Shareholders Back €4 Billion Buyback, New Board and Rich Payout Plan

ENI S.p.A. ( (IT:ENI) ) has provided an update.

Eni’s shareholders approved the 2025 statutory financial statements showing net profit of about €4.43 billion, which will be fully allocated to available reserves rather than distributed as a traditional dividend. They also renewed the Board of Directors and Board of Statutory Auditors for a three-year term, set directors’ and auditors’ fees, and endorsed the 2026-2028 long-term management incentive plan backed by up to 15.4 million treasury shares.

The meeting authorised a new share buyback programme of up to 303 million shares and €4 billion through April 2027, mainly to remunerate investors and partly to service incentives, and approved a multi-tranche distribution of €1.10 per share for the 2026 financial year from reserves, with scope for an additional extraordinary dividend. In extraordinary session, shareholders cleared the partial reduction of the revaluation reserve and potential cancellation of up to 297.9 million repurchased shares, reinforcing Eni’s capital return policy and signalling continued emphasis on shareholder remuneration within a flexible balance-sheet framework.

The most recent analyst rating on (IT:ENI) stock is a Hold with a EUR22.00 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 integrated energy company active across the oil, gas, and power value chain, with significant operations in exploration and production, refining, chemicals, and energy solutions. The group focuses on traditional hydrocarbons while increasingly aligning its capital allocation and shareholder remuneration with a disciplined, returns-driven strategy in the evolving energy market.

Average Trading Volume: 13,493,678

Technical Sentiment Signal: Buy

Current Market Cap: €67.18B

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