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 July 7, 2025, to July 11, 2025. The transactions were executed on the Euronext Milan exchange under a program approved by the Shareholders' Meeting on May 14, 2025.
Key Financial Metrics
The filing details specific capital allocation activities rather than operational financial results (revenue, profit, or cash flow are not reported in this document).
- Shares Acquired (Period): 3,540,650 shares (0.11% of share capital).
- Total Consideration (Period): €50,002,958.16.
- Weighted Average Price (Period): €14.12 per share.
- Cumulative Shares Acquired (Since May 20, 2025): 28,650,298 shares (0.91% of share capital).
- Cumulative Consideration (Since May 20, 2025): €390,005,748.72.
- Total Treasury Shares Held: 120,260,625 shares (3.82% of share capital).
Daily Transaction Summary (July 7–11, 2025)
| Date | Quantity | Weighted Avg Price (€) | Amount (€) |
|---|---|---|---|
| 07/07/2025 | 722,050 | 13.8495 | 10,000,036.53 |
| 08/07/2025 | 714,500 | 13.9960 | 10,000,171.29 |
| 09/07/2025 | 701,500 | 14.2567 | 10,001,098.20 |
| 10/07/2025 | 700,500 | 14.2777 | 10,001,551.97 |
| 11/07/2025 | 702,100 | 14.2431 | 10,000,100.17 |
| Total | 3,540,650 | 14.1225 | 50,002,958.16 |
Material Changes and Trends
The filing indicates a consistent execution of the buyback program, with daily spending hovering closely around €10 million. There is a visible upward trend in the weighted average price per share during the week, rising from approximately €13.85 on July 7 to over €14.25 on July 9 and 10, before settling at €14.24 on July 11.
Guidance, Outlook, and Risks
This filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It is a statutory disclosure of completed market transactions.
Key Facts for Investor Verification
- Verify the total treasury share holding of 3.82% against the company's authorized buyback limits to assess remaining program capacity.
- Confirm the weighted average purchase price of €14.12 against the prevailing market price to evaluate the efficiency of the buyback execution.
- Note that the buyback program commenced on May 20, 2025, and has already utilized approximately €390 million of the approved capital.
- Check subsequent filings to monitor if the daily €10 million spending pace continues or if the program is nearing its conclusion.