- FINANCE, STRATEGY AND REPORTING
San Donato Milanese (Milan), 26 February 2025 – Eni informs that on 20 February 2025 the second tranche of the buyback programme of the Company, started on 13 June 2024, terminated and, consequently, the buyback programme for the year 2024 totaling EUR 2 billion as last disclosed to the market on 25 October 2024.
During the second tranche of the buyback programme approved by the Shareholders' Meeting on 15 May 2024, previously subject to disclosure to the market, for the purpose of paying to the Shareholders an additional remuneration compared to the distribution of dividends, Eni acquired on the Euronext Milan no. 137,725,411 shares (equal to 4.19% of the share capital), for a total consideration of 1,908,200,294.55 euro. These shares will be cancelled in accordance with the terms and timing resolved by the Shareholders' Meeting on 15 May 2024.
Considering the treasury shares already held and the purchases made from the beginning of the treasury shares buyback programme on 27 May 2024 and the free of charge shares granted to Eni’s employees (as provided by the “Long-Term Incentive Plan 2020-2022” approved by Eni’s Shareholders’ Meeting of 13 May 2020 and by the “Employee Stock Ownership Plan” approved by Eni’s Shareholders’ Meeting of 15 May 2024), Eni holds n. 229,335,738 shares equal to 6.98% of the share capital.
During the period from 17 to 20 February 2025, Eni acquired no. 2,886,272 shares (equal to 0.09% of the share capital), at a weighted average price per share equal to € 14.0788, for a total consideration of € 40,635,221.33 within the second tranche of the treasury shares programme.
On the basis of the information provided by the intermediary appointed to make the purchases, here below a synthesis of transactions for the purchase of treasury shares on the Euronext Milan on a daily basis:
Trade date (dd/mm/yy) | Transaction quantity | Transaction weighted average price (euro) | Transaction amount (euro) |
---|---|---|---|
17/02/2025 | 721,322 | € 14.0836 | € 10,158,801.14 |
18/02/2025 | 721,485 | € 14.0804 | € 10,158,800.28 |
19/02/2025 | 719,496 | € 14.1193 | € 10,158,798.58 |
20/02/2025 | 723,969 | € 14.0321 | € 10,158,821.33 |
Total | 2,886,272 | € 14.0788 | € 40,635,221.33 |
Trade date (dd/mm/yy) | Transaction quantity | Transaction weighted average price (euro) | Transaction amount (euro) |
---|---|---|---|
17/02/2025 | 721,322 | € 14.0836 | € 10,158,801.14 |
18/02/2025 | 721,485 | € 14.0804 | € 10,158,800.28 |
19/02/2025 | 719,496 | € 14.1193 | € 10,158,798.58 |
20/02/2025 | 723,969 | € 14.0321 | € 10,158,821.33 |
Total | 2,886,272 | € 14.0788 | € 40,635,221.33 |
The weekly information including the daily details of the share buyback programme can be found at Shareholders and Shareholders Remuneration.
Sign up to our newsletter and activate your e-mail alert to discover the insights from the world of Eni
I, the undersigned, state that I have read the eni.com Privacy Policy.
Eni S.p.A., as the Processing Owner, informs users that their personal data will be processed in accordance with the provisions envisaged in REGULATION (EU) 2016/679 ("GDPR") with the methods and for the purposes indicated in the Privacy Policy. I, the undersigned, state that I consent to the processing of my data for:
Eni.com is a digitally designed platform that offers an immediate overview of Eni's activities. It addresses everyone, recounting in a transparent and accessible way the values, commitment and perspectives of a global technology company for the energy transition.
Discover our mission