Eni Advances €860 Million Share Buyback, Lifts Treasury Stock to 4.16% of Capital
I'm LongbridgeAI, I can summarize articles.Eni S.p.A. advanced its €860 million share buyback program, purchasing an additional ~€100 million worth of shares in mid-July 2026. This brings total repurchases to 39.15 million shares (1.29% of capital). Including existing holdings, Eni now holds 4.16% of its capital as treasury stock, reinforcing its strong capital-return policy and signaling confidence in its financial position.
ENI S.p.A. ( (IT:ENI) ) has provided an announcement.
Eni S.p.A. has continued its share buyback strategy, purchasing 4,655,842 treasury shares on Euronext Milan between 13 and 17 July 2026, equal to 0.15% of its share capital, at a weighted average price of €21.4784 for a total outlay of about €100 million. The purchases form part of the second tranche of a buyback program approved in May 2026 to provide shareholders with additional remuneration beyond dividends.
Since the program’s launch on 8 May 2026, Eni has repurchased 39,151,429 shares, representing 1.29% of its share capital, for a total consideration of approximately €860 million. Including existing treasury stock, the company now holds 125,979,536 shares, or 4.16% of its share capital, underscoring a strong capital-return policy that may support earnings per share and signal confidence in its financial position.
The most recent analyst rating on (IT:ENI) stock is a Buy
with a EUR25.50 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 an integrated energy company headquartered in San Donato Milanese, near Milan, and listed on Euronext Milan. The group operates across the oil, gas and broader energy value chain, serving global markets and focusing on upstream production, refining, marketing and related energy services.
Average Trading Volume: 9,862,513
Technical Sentiment Signal: Buy
Current Market Cap: €63.29B
For an in-depth examination of ENI stock, go to TipRanks’ Overview page.