Business Context and Reporting Period
This Form 6-K filing by Eni S.p.A. covers the period from May 20 to May 23, 2025. The report details the execution of a treasury share purchase program approved by the Shareholders' Meeting on May 14, 2025. The transactions were executed on the Euronext Milan exchange.
Key Financial Metrics
| Metric | Value |
|---|---|
| Total Shares Acquired | 3,090,800 |
| Percentage of Share Capital Acquired | 0.10% |
| Weighted Average Price per Share | €12.9416 |
| Total Consideration | €39,999,925.97 |
| Total Treasury Shares Held (Post-Transaction) | 94,701,127 (3.009% of share capital) |
Daily Transaction Summary
| Date | Quantity | Weighted Avg Price (€) | Amount (€) |
|---|---|---|---|
| 20/05/2025 | 766,400 | 13.0469 | 9,999,141.09 |
| 21/05/2025 | 763,976 | 13.0894 | 9,999,995.86 |
| 22/05/2025 | 778,724 | 12.8415 | 9,999,992.03 |
| 23/05/2025 | 781,700 | 12.7937 | 10,000,796.99 |
Material Changes
The filing reports a material increase in the company's treasury share holdings. Following these purchases, Eni's total treasury share holding reached 94,701,127 shares, representing 3.009% of the total share capital. The purchase price fluctuated daily, with the highest weighted average price on May 21 (€13.0894) and the lowest on May 23 (€12.7937).
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. The document is strictly a regulatory disclosure of share repurchase activity.
Investor Verification Checklist
- Verify the total treasury share holding percentage (3.009%) against the company's total authorized share capital.
- Confirm the remaining budget available under the treasury share program approved on May 14, 2025.
- Review the daily price fluctuations to assess the execution strategy relative to market conditions during the period.
- Check for any subsequent filings regarding the utilization or cancellation of the remaining treasury share program.