Business Context and Reporting Period
This Form 6-K filing by Eni S.p.A. covers the period from June 20 to June 24, 2022. The report details the execution of a treasury share purchase program authorized by the Shareholders' Meeting on May 11, 2022. The filing serves as a regulatory disclosure of these specific market transactions.
Key Financial Metrics
The filing focuses exclusively on capital allocation activities regarding share repurchases. No operational financial metrics (revenue, profit, cash flow) are provided in this specific document.
- Shares Acquired (Period): 3,787,180 shares
- Weighted Average Price (Period): €11.7713 per share
- Total Consideration (Period): €44,580,188.44
- Cumulative Shares Purchased (Program Start): 13,419,182 shares (0.38% of share capital)
- Cumulative Amount Spent (Program Start): €176,771,687
- Total Treasury Shares Held: 45,150,484 shares (1.26% of share capital)
Daily Transaction Summary
| Date | Quantity | Avg Price (€) | Amount (€) |
|---|---|---|---|
| 20/06/2022 | 736,146 | 12.1435 | 8,939,388.95 |
| 21/06/2022 | 732,269 | 12.0996 | 8,860,161.99 |
| 22/06/2022 | 756,417 | 11.6651 | 8,823,679.95 |
| 23/06/2022 | 773,341 | 11.5519 | 8,933,557.90 |
| 24/06/2022 | 789,007 | 11.4364 | 9,023,399.65 |
Material Changes
The filing does not provide comparative data against a prior period for these specific transactions. However, it notes that the total treasury share holding of 45,150,484 shares includes the impact of the cancellation of 34,106,871 treasury shares resolved by the Shareholders' Meeting on May 11, 2022.
Guidance, Outlook, and Risks
This document contains no management commentary, financial guidance, or outlook. It is a factual report of executed trades. The filing references compliance with Article 144-bis of Consob Regulation 11971/1999 regarding the disclosure of treasury share purchases.
Investor Verification Checklist
- Verify the total remaining authorization limit for the treasury share program approved on May 11, 2022.
- Confirm the current market price of Eni shares relative to the weighted average purchase price of €11.7713.
- Review the May 11, 2022 Shareholders' Meeting resolution to understand the total scope and duration of the buyback program.
- Check subsequent filings to determine if the 34,106,871 cancelled shares have been formally removed from the capital structure.