ENI S.p.A. Form 6-K Summary: Treasury Share Repurchase
Business Context and Reporting Period
This Form 6-K filing by ENI S.p.A. reports on the execution of its treasury share buyback program. The reporting period covers the week from February 9 to February 13, 2026. The transactions were executed on the Euronext Milan exchange under the program approved by the Shareholders' Meeting on May 14, 2025.
Key Financial Metrics
- Shares Acquired (Period): 2,220,844 shares (0.07% of share capital).
- Total Consideration (Period): €39,999,986.22.
- Weighted Average Price (Period): €18.0112 per share.
- Cumulative Shares Acquired (Since May 20, 2025): 117,593,461 shares (3.74% of share capital).
- Cumulative Consideration (Since May 20, 2025): €1,778,325,856.82.
- Total Treasury Shares Held: 204,421,475 shares (6.50% of share capital), including shares acquired under the current program, previously held treasury shares, and shares granted free of charge under executive and employee stock plans.
Material Changes and Transaction Details
The filing details daily transaction volumes and weighted average prices for the five-day period:
| Date | Quantity | Weighted Avg. Price (€) | Amount (€) |
|---|---|---|---|
| 09/02/2026 | 446,000 | 17.7311 | 7,908,075.06 |
| 10/02/2026 | 452,000 | 17.8927 | 8,087,520.29 |
| 11/02/2026 | 447,000 | 18.0969 | 8,089,292.84 |
| 12/02/2026 | 445,000 | 18.2620 | 8,126,594.90 |
| 13/02/2026 | 430,844 | 18.0773 | 7,788,503.13 |
| Total | 2,220,844 | 18.0112 | 39,999,986.22 |
The filing includes a granular log of individual trades executed during market hours, showing prices ranging from approximately €17.63 to €18.43 during the period.
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of completed transactions and does not contain forward-looking guidance, management commentary on future strategy, or specific risk factors beyond the standard disclosure requirements for the buyback program. The company continues to execute the program approved in May 2025.
Investor Verification Checklist
- Verify the total number of treasury shares held (6.50% of capital) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the buyback program approved on May 14, 2025, to assess future repurchase capacity.
- Review the impact of the buyback on Earnings Per Share (EPS) in upcoming quarterly reports.
- Monitor the weighted average purchase price relative to the current market price to evaluate the efficiency of capital allocation.