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 of August 18 to August 22, 2025. 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): 3,316,453 shares (0.11% of share capital).
- Total Consideration (Period): €49,999,997.70.
- Weighted Average Price (Period): €15.0763 per share.
- Cumulative Shares Acquired (Since May 20, 2025): 48,423,501 shares (1.54% of share capital).
- Cumulative Consideration (Since May 20, 2025): €680,047,902.67.
- Total Treasury Shares Held: 140,033,828 shares (4.45% of share capital).
Material Changes and Daily Activity
The filing details daily transaction volumes and weighted average prices for the five-day period:
| Date | Quantity | Weighted Avg Price (€) | Amount (€) |
|---|---|---|---|
| 18/08/2025 | 689,381 | 14.9711 | 10,320,775.34 |
| 19/08/2025 | 646,400 | 14.9732 | 9,678,695.87 |
| 20/08/2025 | 652,000 | 15.0251 | 9,796,348.25 |
| 21/08/2025 | 679,000 | 15.1744 | 10,303,396.55 |
| 22/08/2025 | 649,672 | 15.2397 | 9,900,781.69 |
Share prices showed an upward trend during the week, rising from a weighted average of approximately €14.97 on August 18 to €15.24 on August 22.
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of completed transactions and does not contain forward-looking guidance, management commentary on operational performance, or specific risk factors beyond the standard execution of the approved buyback program. The company continues to execute the program within the parameters set by the Shareholders' Meeting.
Investor Verification Checklist
- Verify the total number of treasury shares held (140,033,828) against the company's latest capital structure to confirm the 4.45% ownership stake.
- Confirm the remaining authorization limit of the buyback program approved on May 14, 2025, to assess future repurchase capacity.
- Review the daily transaction logs to ensure compliance with market manipulation regulations and trading volume limits.
- Monitor the weighted average purchase price (€15.0763) relative to the current market price to evaluate the efficiency of capital return.