Business Context and Reporting Period
This Form 6-K filing by Eni S.p.A. reports on the purchase of treasury shares conducted during the period from October 25 to October 29, 2021. The report was signed on November 3, 2021, by Paola Mariani, Head of Corporate Secretary's Staff Office. The transactions were executed under the authorization approved at the Ordinary General Meeting of shareholders on May 12, 2021.
Key Financial Metrics
The filing details specific capital allocation activities rather than operational financial performance (revenue, profit, or cash flow are not reported in this document).
- Shares Acquired (Period): 2,170,000 shares
- Weighted Average Price (Period): €12.27200 per share
- Total Consideration (Period): €26,630,240.06
- Cumulative Shares Purchased (Program Start): 19,800,318 shares (0.55% of share capital)
- Cumulative Amount Spent (Program Start): €223,959,306.75
- Total Treasury Shares Held: 52,845,515 shares (1.47% of share capital)
Material Changes
The filing does not provide comparative data against a prior period for operational metrics. The material change reported is the reduction of outstanding shares through the buyback program, increasing the company's treasury share holding to 1.47% of total share capital.
Outlook and Management Commentary
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It is a statutory disclosure of executed share transactions.
Investor Verification Checklist
- Verify the total number of treasury shares held (52,845,515) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the treasury share buyback program approved on May 12, 2021.
- Review the daily transaction log to ensure execution prices remained within the authorized price bands (if applicable).
- Check subsequent filings for the continuation or termination of the buyback program.