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 purchase of treasury shares conducted during the period from October 11 to October 15, 2021. The transactions were executed on the Electronic Stock Market under the authorization granted at the Ordinary General Meeting of shareholders on May 12, 2021.
Key Financial Metrics
- Shares Acquired (Period): 2,223,000 shares
- Weighted Average Price (Period): €11.972334 per share
- Total Consideration (Period): €26,614,497.84
- Cumulative Shares Acquired (Program Start): 15,452,318 shares (0.43% of share capital)
- Cumulative Consideration (Program Start): €170,725,999.49
- Total Treasury Shares Held: 48,497,515 shares (1.35% of share capital)
Material Changes and Transaction Details
The filing details daily transaction volumes and weighted average prices for the five-day reporting window:
| Date | Quantity | Weighted Avg Price (€) | Amount (€) |
|---|---|---|---|
| 11/10/2021 | 445,000 | 11.975380 | 5,329,044.10 |
| 12/10/2021 | 445,000 | 11.929988 | 5,308,844.66 |
| 13/10/2021 | 450,000 | 11.830258 | 5,323,616.10 |
| 14/10/2021 | 444,000 | 12.006546 | 5,330,906.42 |
| 15/10/2021 | 439,000 | 12.123204 | 5,322,086.56 |
Share prices fluctuated during the period, with the lowest weighted average price occurring on October 13 (€11.83) and the highest on October 15 (€12.12).
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of share repurchase activity and does not contain forward-looking guidance, management commentary on operational performance, or specific risk factors beyond the standard disclosure requirements for treasury share purchases.
Investor Verification Checklist
- Verify the total number of treasury shares held (48,497,515) against the company's latest capital structure to confirm the 1.35% ownership stake.
- Confirm the remaining authorization limit for the treasury share program approved on May 12, 2021, to assess future repurchase capacity.
- Review the daily transaction logs to ensure compliance with market trading rules and the specific parameters of the buyback program.