Business Context and Reporting Period
This Form 6-K filing by Eni S.p.A. covers the period from December 30, 2024, to January 3, 2025. The report details the execution of the company's treasury share buyback program on the Euronext Milan exchange. The purchases were conducted under the second tranche of the program approved by the Shareholders' Meeting on May 15, 2024, with the specific purpose of providing additional remuneration to shareholders beyond standard dividend distributions.
Key Financial Metrics
The filing focuses exclusively on capital return activities and does not contain operational financial data such as revenue, profit, or cash flow.
- Shares Acquired (Period): 3,410,661 shares (0.10% of share capital).
- Total Consideration (Period): €44,999,986.34.
- Weighted Average Price (Period): €13.1939 per share.
- Cumulative Shares Acquired (Tranche Start): 113,020,457 shares (3.44% of share capital) since June 13, 2024.
- Cumulative Consideration (Tranche Start): €1,567,563,605.25.
- Total Treasury Shares Held: 204,630,784 shares (6.23% of share capital), including shares from previous programs and free-of-charge grants.
Material Changes and Transaction Details
Transactions occurred on three specific trading days within the reporting window:
| Date | Quantity | Weighted Avg Price (€) | Amount (€) |
|---|---|---|---|
| 30/12/2024 | 1,917,844 | 13.0355 | 24,999,988.34 |
| 02/01/2025 | 749,892 | 13.3352 | 9,999,986.79 |
| 03/01/2025 | 742,925 | 13.4603 | 10,000,011.21 |
The filing text does not provide comparative data for the prior comparable period regarding buyback volume or price.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, earnings outlook, or management commentary regarding operational performance. The document strictly reports on the execution of the authorized buyback program. There are no disclosed risks, contingencies, or unusual items related to the company's core business operations in this specific report.
Investor Verification Checklist
- Verify the total remaining authorization under the second tranche of the buyback program approved on May 15, 2024.
- Confirm the total number of treasury shares held (6.23% of capital) against the company's latest annual report to ensure accurate calculation of free float.
- Review the specific terms of the "Long-Term Incentive Plan 2020-2022" and "Employee Stock Ownership Plan" to understand the composition of the total treasury share count.
- Monitor future 6-K filings for the conclusion of the current buyback tranche or the initiation of new capital return programs.