Eni’s Strategic Share Buyback to Boost Shareholder Value
Company Announcements

Eni’s Strategic Share Buyback to Boost Shareholder Value

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

Eni S.p.A. announced the purchase of over 4.4 million of its own shares, valued at approximately 62.5 million euros, as part of its ongoing buyback program. This strategic move, executed between October 28 and November 1, 2024, aims to provide additional value to shareholders beyond regular dividend distributions. Since the commencement of the program, Eni has acquired nearly 2% of its share capital, highlighting its commitment to enhancing shareholder returns.

For further insights into IT:ENI stock, check out TipRanks’ Stock Analysis page.

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