Eni Expands 2025 Buyback, Lifts Treasury Stake to Nearly 6%
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Eni S.p.A. has expanded its share buyback program, repurchasing 5.68 million treasury shares for €89.7 million, bringing its total buyback to 99.14 million shares, or 3.15% of its capital. The company now holds 185.96 million shares, equating to 5.91% of its capital. Analysts rate Eni's stock as a Hold with a price target of $14.80, while TipRanks’ AI Analyst rates it as Outperform, citing strong earnings and a stable balance sheet. Eni is involved in various energy sectors, including low-carbon initiatives, with a market cap of $57.25 billion.
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