ENI SPA current report, Q3 FY2025

ENI S.p.A. Form 6-K Summary

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 specific reporting period covers transactions executed on the Euronext Milan exchange from September 8, 2025, to September 12, 2025. The program was originally approved by the Shareholders' Meeting on May 14, 2025.

Key Financial Metrics

The filing details the following metrics for the reported period and the program to date:

  • Shares Purchased (Period): 2,687,843 shares (0.09% of share capital).
  • Weighted Average Price (Period): €14.8818 per share.
  • Total Consideration (Period): €39,999,990.44.
  • Cumulative Shares Purchased (Since May 20, 2025): 56,396,206 shares (1.79% of share capital).
  • Cumulative Consideration: €800,047,888.91.
  • Total Treasury Shares Held: 148,006,533 shares (4.70% of share capital).

Material Changes and Transaction Details

The filing provides a daily breakdown of the buyback activity for the week of September 8–12, 2025:

Date Quantity Weighted Avg Price (€) Amount (€)
08/09/2025 543,067 14.7225 7,995,278.93
09/09/2025 532,000 14.8786 7,915,433.82
10/09/2025 522,105 14.9102 7,784,700.94
11/09/2025 546,500 15.0076 8,201,662.69
12/09/2025 544,171 14.8904 8,102,914.06
Total 2,687,843 14.8818 39,999,990.44

The filing includes an extensive appendix listing individual transaction timestamps, quantities, and execution prices for the period, demonstrating compliance with disclosure regulations.

Guidance, Outlook, and Risks

This filing is a regulatory disclosure of past transactions and does not contain forward-looking guidance, management commentary on operational performance, or new risk factors. The activity is consistent with the previously announced treasury share program.

Investor Verification Checklist

  • Verify the total number of treasury shares held (148,006,533) against the company's latest capital structure to confirm the 4.70% ownership stake.
  • Confirm the remaining authorization limit of the buyback program approved on May 14, 2025, to assess future repurchase capacity.
  • Review the weighted average purchase price (€14.88) against the current market price to evaluate the cost efficiency of the buyback.
  • Check for any subsequent filings regarding the cancellation of treasury shares or their reissuance.