ENI S.p.A. Treasury Share Purchase Report
Business Context and Reporting Period
This Form 6-K filing reports on the execution of Eni S.p.A.'s treasury share buyback program. The reporting period covers the week from July 21, 2025, to July 25, 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
- Shares Acquired (Period): 3,494,960 shares (0.11% of share capital).
- Total Consideration (Period): €49,999,996.86.
- Weighted Average Price (Period): €14.3063 per share.
- Cumulative Shares Acquired (Since May 20, 2025): 35,658,286 shares (1.13% of share capital).
- Cumulative Consideration: €490,005,718.64.
- Total Treasury Shares Held: 127,268,613 shares (4.04% of share capital).
Daily Transaction Summary
| Date | Quantity | Weighted Avg. Price (€) | Amount (€) |
|---|---|---|---|
| 21/07/2025 | 705,913 | 14.1660 | 9,999,994.62 |
| 22/07/2025 | 705,800 | 14.1551 | 9,990,682.99 |
| 23/07/2025 | 722,384 | 14.3230 | 10,346,722.65 |
| 24/07/2025 | 663,388 | 14.4012 | 9,553,602.50 |
| 25/07/2025 | 697,475 | 14.4937 | 10,108,994.10 |
| Total | 3,494,960 | 14.3063 | 49,999,996.86 |
Material Changes and Observations
The filing indicates a consistent execution of the buyback program, with daily purchase volumes averaging approximately €10 million. The weighted average purchase price showed an upward trend during the week, starting at €14.1660 on July 21 and rising to €14.4937 by July 25. The total treasury holding now represents 4.04% of the company's share capital.
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of completed transactions and does not contain forward-looking guidance, management commentary on operational performance, or specific risk factors beyond the standard execution of the approved capital program.
Investor Verification Checklist
- Verify the total authorized amount for the buyback program approved on May 14, 2025, to assess remaining capacity.
- Confirm the current market price of Eni shares relative to the €14.3063 weighted average purchase price.
- Review the company's latest 20-F or interim financial report for the impact of treasury shares on earnings per share (EPS) and equity.
- Check for any subsequent filings regarding the termination or extension of the buyback program.