Business Context and Reporting Period
This Form 6-K filing by Eni S.p.A. covers the period from June 6 to June 10, 2022. The report details the execution of a treasury share purchase program authorized by the Shareholders' Meeting on May 11, 2022. The filing was submitted on June 15, 2022.
Key Financial Metrics
The filing focuses exclusively on capital management activities regarding treasury shares. No operational financial metrics such as revenue, profit, or cash flow are reported in this document.
- Shares Acquired (Period): 3,103,847 shares
- Weighted Average Price (Period): €14.1794 per share
- Total Consideration (Period): €44,010,579.56
- Cumulative Shares Purchased (Program Start): 6,222,400 shares (0.17% of share capital)
- Cumulative Amount Spent (Program Start): €88,181,302
- Total Treasury Shares Held: 37,953,702 shares (1.06% of share capital)
Material Changes
The primary material change is the reduction of outstanding shares through the buyback program. The company executed purchases on five consecutive trading days (June 6–10). The weighted average price fluctuated daily, ranging from a high of €14.4639 on June 6 to a low of €13.4624 on June 10. The total treasury holding percentage increased to 1.06% of the share capital following these transactions and the cancellation of 34,106,871 shares previously resolved by the Shareholders' Meeting.
Guidance, Outlook, and Risks
This filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It is a regulatory disclosure of completed market transactions.
Investor Verification Checklist
- Verify the total number of treasury shares held (37,953,702) against the company's latest capital structure reports.
- Confirm the remaining authorization limit for the treasury share purchase program approved on May 11, 2022.
- Review the daily transaction logs to ensure compliance with market trading rules and the specific terms of the buyback authorization.
- Check subsequent filings to determine if the program has been extended or concluded.