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  • FINANCE, STRATEGY AND REPORTING

Eni’s Board of Directors

Approval of the third tranche of the provision in place of 2023 dividend: € 0.24 per share

 

San Donato Milanese, 15 February 2024 – Eni’s Board of Directors, chaired by Giuseppe Zafarana, today resolved to distribute to Shareholders the third of the four tranches of the provision in place of the 2023 dividend from Eni S.p.A. available reserves[1] of € 0.24 (compared to a total annual provision, in place of the dividend, equal to € 0.94) per share outstanding at the ex-dividend date as of 18 March 2024[2], payable on 20 March 2024[3], as resolved by the Shareholders’ Meeting of 10 May 2023.

Holders of ADRs, outstanding at the record date of 19 March 2024, will receive € 0.48 per ADR, payable on 8 April 2024[4], with each ADR listed on the New York Stock Exchange representing two Eni shares.

 

[1] Coupon No. 45.

[2] Depending on the recipient’s fiscal status the payment is subject to a withholding tax or is treated in part as taxable income.

[3] Pursuant to article 83-terdecies of the Italian Legislative Decree no. 58 of February 24, 1998, the right to receive the payment is determined with reference to the entries on the books of the intermediary – as set out in art. 83-quater, paragraph 3 of the Italian Legislative Decree no. 58 of February 24, 1998 – at the end of the accounting day of 19 March  2024 (record date).

[4]On ADR payment date, Citibank, N.A. will pay net of the amount of the withholding tax under Italian law applicable to all Depository Trust Company Participants. 

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