ENI SPA current report, Q1 FY2026

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 reporting period covers the week from January 19, 2026, to January 23, 2026. The transactions were executed on the Euronext Milan exchange under the program approved by the Shareholders' Meeting on May 14, 2025.

Key Financial Metrics

Metric Value
Shares Acquired (Period) 2,426,532
Percentage of Share Capital (Period) 0.08%
Weighted Average Price (Period) €16.4844
Total Consideration (Period) €39,999,984.37
Cumulative Shares Acquired (Since May 20, 2025) 110,731,632 (3.52% of share capital)
Cumulative Consideration (Since May 20, 2025) €1,658,325,882.94
Total Treasury Shares Held 197,559,646 (6.28% of share capital)

Daily Transaction Summary

Date Quantity Weighted Avg Price (€) Amount (€)
19/01/2026 475,000 16.4763 7,826,263.87
20/01/2026 492,500 16.3318 8,043,427.26
21/01/2026 489,000 16.4376 8,038,004.49
22/01/2026 499,000 16.4957 8,231,330.85
23/01/2026 471,032 16.6888 7,860,957.90

Material Changes and Program Status

The filing details the continuation of the buyback program initiated in May 2025. The total treasury shareholding has increased to 6.28% of the share capital. This total includes shares acquired under the current buyback program as well as shares held from previous programs and shares granted free of charge to executives and employees under the "Long-Term Incentive Plan 2020-2022" and the "Employee Stock Ownership Plan" (approved May 15, 2024).

Guidance, Outlook, and Risks

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

Investor Verification Checklist

  • Verify the total number of treasury shares held (197,559,646) against the company's latest capital structure to confirm the 6.28% ownership stake.
  • Confirm the remaining authorization limit under the May 14, 2025, Shareholders' Meeting resolution to assess the remaining capacity for future buybacks.
  • Review the weighted average purchase price (€16.4844) against the prevailing market price to evaluate the efficiency of the buyback execution.
  • Check for any subsequent filings regarding the cancellation of treasury shares or their re-issuance for employee incentive plans.