Eni Spa Roma SEC Filings

Eni S.p.A. reports further progress on its 2026 share buyback. Between 28 and 29 May 2026, the company repurchased 1,771,356 treasury shares, equal to 0.06% of share capital, at a weighted average price of €22.5816 per share, for a total of €39,999,972.68.

These purchases form part of the second tranche of a treasury share program approved by the Shareholders' Meeting on 6 May 2026 to provide shareholders with additional remuneration alongside dividends. Since the program started on 8 May 2026, Eni has bought 6,871,356 shares for €159,916,582.07 and now holds 93,699,463 treasury shares, representing 3.09% of share capital.

Eni S.p.A. reports progress on its 2026 treasury share buyback and outlines the next phase. Between 19 and 22 May 2026, the company repurchased 3,363,076 shares on Euronext Milan, equal to 0.11% of share capital, at a weighted average price of € 23.7630 for a total of € 79,916,639.44.

These purchases complete the first 2026 tranche, launched on 8 May 2026, bringing total buybacks in this phase to 5,100,000 treasury shares, or 0.17% of share capital, for an aggregate € 119,916,609.39. After these transactions, Eni holds 91,928,107 treasury shares, equal to 3.04% of share capital.

Eni also confirms a second tranche under the shareholder‑approved treasury share program of up to € 2.8 billion, potentially rising to a total maximum of € 4 billion. This second tranche may cover up to 297.9 million shares, approximately 9.8% of share capital, with a maximum duration until the end of April 2027. Shares bought in the second tranche are intended to be cancelled to provide additional shareholder remuneration beyond dividends.

Eni S.p.A. reports progress on its 2026 treasury share buyback and outlines the next phase. Between 19 and 22 May 2026, the company repurchased 3,363,076 shares on Euronext Milan, equal to 0.11% of share capital, at a weighted average price of € 23.7630 for a total of € 79,916,639.44.

These purchases complete the first 2026 tranche, launched on 8 May 2026, bringing total buybacks in this phase to 5,100,000 treasury shares, or 0.17% of share capital, for an aggregate € 119,916,609.39. After these transactions, Eni holds 91,928,107 treasury shares, equal to 3.04% of share capital.

Eni also confirms a second tranche under the shareholder‑approved treasury share program of up to € 2.8 billion, potentially rising to a total maximum of € 4 billion. This second tranche may cover up to 297.9 million shares, approximately 9.8% of share capital, with a maximum duration until the end of April 2027. Shares bought in the second tranche are intended to be cancelled to provide additional shareholder remuneration beyond dividends.

Eni S.p.A. reported purchases of treasury shares on 11 May 2026 as part of the first tranche of its buyback program supporting the 2026-2028 Long-Term Incentive Plan. On that day, the company acquired 861,111 shares, equal to 0.03% of the share capital, at a weighted average price of €23.2258, for a total of €19,999,991.86.

Since the program began on 8 May 2026, Eni has bought 1,736,924 shares, equal to 0.06% of the share capital, for total consideration of €39,999,969.95. After these purchases and considering treasury shares already held, Eni now owns 88,565,031 shares, representing 2.92% of its share capital.

Eni S.p.A. reported purchases of treasury shares on 11 May 2026 as part of the first tranche of its buyback program supporting the 2026-2028 Long-Term Incentive Plan. On that day, the company acquired 861,111 shares, equal to 0.03% of the share capital, at a weighted average price of €23.2258, for a total of €19,999,991.86.

Since the program began on 8 May 2026, Eni has bought 1,736,924 shares, equal to 0.06% of the share capital, for total consideration of €39,999,969.95. After these purchases and considering treasury shares already held, Eni now owns 88,565,031 shares, representing 2.92% of its share capital.

Eni S.p.A. reports that on 8 May 2026 it acquired 875,813 treasury shares on Euronext Milan, equal to 0.03% of its share capital, at a weighted average price of €22.8359 per share for a total consideration of 19,999,978.09 euro.

The purchases were carried out within the first tranche of a treasury share program approved by the Shareholders' Meeting on 6 May 2026 to serve the 2026-2028 Long-Term Incentive Plan. After these transactions, Eni holds 87,703,920 treasury shares, representing 2.90% of its share capital.

Eni S.p.A. reports that on 8 May 2026 it acquired 875,813 treasury shares on Euronext Milan, equal to 0.03% of its share capital, at a weighted average price of €22.8359 per share for a total consideration of 19,999,978.09 euro.

The purchases were carried out within the first tranche of a treasury share program approved by the Shareholders' Meeting on 6 May 2026 to serve the 2026-2028 Long-Term Incentive Plan. After these transactions, Eni holds 87,703,920 treasury shares, representing 2.90% of its share capital.

Eni S.p.A. filed a Form 6-K summarizing its recent shareholder and board decisions and a new share buyback. Shareholders approved the 2025 financial statements and set a dividend payable in two tranches, with payments in late September and late November 2026.

The meeting appointed company bodies, with the Ministry of Economy and Finance-backed slate receiving majority support and other institutional and private slates representing minority holdings. The Board of Directors confirmed Claudio Descalzi as Chief Executive Officer and General Manager and reaffirmed Giuseppina Di Foggia as Chair with responsibilities in the internal controls system.

The Board verified integrity and independence requirements for directors and statutory auditors under Italian law and the Corporate Governance Code, and confirmed the audit body’s qualification as a financial expert under applicable US rules. Eni also launched the first tranche of a new share buyback program, covering up to 5.1 million shares, about 0.2% of share capital, to serve the 2026-2028 Long-Term Incentive Plan.

The broader 2026 buyback program is planned at €2.8 billion, potentially rising to a maximum of €4 billion depending on cash flow scenarios, to be executed by April 2027 in multiple phases on Euronext Milan through an independent agent.

Eni S.p.A. filed a Form 6-K summarizing its recent shareholder and board decisions and a new share buyback. Shareholders approved the 2025 financial statements and set a dividend payable in two tranches, with payments in late September and late November 2026.

The meeting appointed company bodies, with the Ministry of Economy and Finance-backed slate receiving majority support and other institutional and private slates representing minority holdings. The Board of Directors confirmed Claudio Descalzi as Chief Executive Officer and General Manager and reaffirmed Giuseppina Di Foggia as Chair with responsibilities in the internal controls system.

The Board verified integrity and independence requirements for directors and statutory auditors under Italian law and the Corporate Governance Code, and confirmed the audit body’s qualification as a financial expert under applicable US rules. Eni also launched the first tranche of a new share buyback program, covering up to 5.1 million shares, about 0.2% of share capital, to serve the 2026-2028 Long-Term Incentive Plan.

The broader 2026 buyback program is planned at €2.8 billion, potentially rising to a maximum of €4 billion depending on cash flow scenarios, to be executed by April 2027 in multiple phases on Euronext Milan through an independent agent.

Eni S.p.A. reported strong first-quarter 2026 results, saying performance was ahead of its operating and financial guidance for the year. Hydrocarbon production rose 9% year-over-year to 1.8 million boe/d, supported by major new projects and exploration discoveries in Africa, Egypt and Indonesia.

Group proforma adjusted EBIT was €3.536 billion, down 4% versus Q1 2025, while adjusted net profit attributable to shareholders was €1.302 billion, 8% lower year-over-year. Cash flow from operations before working capital at replacement cost was €2.878 billion, supporting continued investment and shareholder distributions.

Eni raised full-year 2026 adjusted CFFO guidance by 20% to €13.8 billion and increased its proposed share buyback by about 90% to €2.8 billion. The 2026 dividend is confirmed at €1.1 per share, 5% above 2025. Proforma gearing stands at 15%, indicating a conservative balance sheet.

Eni S.p.A. reported strong first-quarter 2026 results, saying performance was ahead of its operating and financial guidance for the year. Hydrocarbon production rose 9% year-over-year to 1.8 million boe/d, supported by major new projects and exploration discoveries in Africa, Egypt and Indonesia.

Group proforma adjusted EBIT was €3.536 billion, down 4% versus Q1 2025, while adjusted net profit attributable to shareholders was €1.302 billion, 8% lower year-over-year. Cash flow from operations before working capital at replacement cost was €2.878 billion, supporting continued investment and shareholder distributions.

Eni raised full-year 2026 adjusted CFFO guidance by 20% to €13.8 billion and increased its proposed share buyback by about 90% to €2.8 billion. The 2026 dividend is confirmed at €1.1 per share, 5% above 2025. Proforma gearing stands at 15%, indicating a conservative balance sheet.

Eni S.p.A. outlines proposed slates for its Board of Directors and Board of Statutory Auditors ahead of the Shareholders’ Meeting scheduled for 6 May 2026. The Italian Ministry of Economy and Finance (MEF), holding 2.166% of Eni’s share capital directly and a further 30.918% through Cassa Depositi e Prestiti for a total of 33.084%, has presented candidates for both boards and proposed Giuseppina Di Foggia as Chair of the Board of Directors.

A group of asset managers and institutional investors holding about 0.92% of the share capital has filed a separate slate for both boards and proposes Francesco Fallacara as Chair of the Board of Statutory Auditors. Shareholder Romano Minozzi and subsidiaries, with 3.27% of the share capital, have filed an additional slate for the Board of Directors.

All candidate slates and supporting documents will be available at Eni’s registered office, on its website, at Borsa Italiana and via the Consob‑authorised storage system “1Info”. Many candidates have declared compliance with independence requirements under Article 148 of the Consolidated Law on Finance and the Corporate Governance Code.

Eni S.p.A. outlines proposed slates for its Board of Directors and Board of Statutory Auditors ahead of the Shareholders’ Meeting scheduled for 6 May 2026. The Italian Ministry of Economy and Finance (MEF), holding 2.166% of Eni’s share capital directly and a further 30.918% through Cassa Depositi e Prestiti for a total of 33.084%, has presented candidates for both boards and proposed Giuseppina Di Foggia as Chair of the Board of Directors.

A group of asset managers and institutional investors holding about 0.92% of the share capital has filed a separate slate for both boards and proposes Francesco Fallacara as Chair of the Board of Statutory Auditors. Shareholder Romano Minozzi and subsidiaries, with 3.27% of the share capital, have filed an additional slate for the Board of Directors.

All candidate slates and supporting documents will be available at Eni’s registered office, on its website, at Borsa Italiana and via the Consob‑authorised storage system “1Info”. Many candidates have declared compliance with independence requirements under Article 148 of the Consolidated Law on Finance and the Corporate Governance Code.

Eni S.p.A. reports that its Board of Directors has approved the possible issuance of one or more bonds, to be placed with institutional investors, for up to a maximum aggregate amount of €10 billion (or equivalent in other currencies) in one or more tranches by 31 March 2028. The bonds, if issued, are intended to help maintain Eni’s well-balanced financial structure and fund general corporate purposes, and may be listed on one or more regulated markets.

The Board also approved the fourth tranche of the provision in place of the 2025 dividend, authorizing a distribution of €0.27 per share from Eni S.p.A. available reserves, bringing the total annual provision in place of the dividend to €1.05 per share. The fourth tranche applies to shares outstanding at the ex-dividend date of 18 May 2026 and is payable on 20 May 2026. Holders of ADRs outstanding at the record date of 19 May 2026 will receive €0.54 per ADR, payable on 5 June 2026, with each ADR representing two Eni shares.

Eni S.p.A. reports that its Board of Directors has approved the possible issuance of one or more bonds, to be placed with institutional investors, for up to a maximum aggregate amount of €10 billion (or equivalent in other currencies) in one or more tranches by 31 March 2028. The bonds, if issued, are intended to help maintain Eni’s well-balanced financial structure and fund general corporate purposes, and may be listed on one or more regulated markets.

The Board also approved the fourth tranche of the provision in place of the 2025 dividend, authorizing a distribution of €0.27 per share from Eni S.p.A. available reserves, bringing the total annual provision in place of the dividend to €1.05 per share. The fourth tranche applies to shares outstanding at the ex-dividend date of 18 May 2026 and is payable on 20 May 2026. Holders of ADRs outstanding at the record date of 19 May 2026 will receive €0.54 per ADR, payable on 5 June 2026, with each ADR representing two Eni shares.

Eni reported 2025 consolidated net profit attributable to shareholders of €2,608 million and parent company net profit of €4,429 million, and approved its 2025 Annual Report. Net profit was broadly stable year on year, while revenue and operating profit declined moderately.

The Board plans a fourth 2025 dividend instalment and will propose a 2026 dividend of €1.10 per share, about 5% higher, alongside a 2026 share buyback initially set at €1.5 billion, potentially rising to €4 billion depending on cash flow from operations.

Eni presented a 2026‑2030 plan targeting cash flow from operations of around €17 billion by 2030, implying a 14% compound annual growth per share, with gearing kept in a 10‑15% range and shareholder distributions at 35‑45% of cash flow. It also started a reorganization of Plenitude, based on a €10.75 billion equity valuation and about €1.5 billion capital increase, expected to lead to Plenitude’s deconsolidation while Eni retains close to 65% ownership and joint control.

Eni reported 2025 consolidated net profit attributable to shareholders of €2,608 million and parent company net profit of €4,429 million, and approved its 2025 Annual Report. Net profit was broadly stable year on year, while revenue and operating profit declined moderately.

The Board plans a fourth 2025 dividend instalment and will propose a 2026 dividend of €1.10 per share, about 5% higher, alongside a 2026 share buyback initially set at €1.5 billion, potentially rising to €4 billion depending on cash flow from operations.

Eni presented a 2026‑2030 plan targeting cash flow from operations of around €17 billion by 2030, implying a 14% compound annual growth per share, with gearing kept in a 10‑15% range and shareholder distributions at 35‑45% of cash flow. It also started a reorganization of Plenitude, based on a €10.75 billion equity valuation and about €1.5 billion capital increase, expected to lead to Plenitude’s deconsolidation while Eni retains close to 65% ownership and joint control.

Eni SpA filed its annual Form 20-F for the year ended December 31, 2025, prepared under IFRS. The report emphasizes how earnings are highly sensitive to crude oil and gas prices; a 14.5% Brent decline in 2025 cut Exploration & Production operating profit by about €1.8 billion and cash flow by €1.6 billion.

Management highlights major risks from commodity volatility, global slowdown, geopolitical tensions in Ukraine and the Middle East, and competition across refining, chemicals, gas, and retail. Refining posted a €1.1 billion operating loss in 2025 and chemicals €1.4 billion, prompting a capital-intensive restructuring plan.

The filing also details extensive climate-transition, regulatory, legal, and reputational risks, including potential carbon pricing, stricter emissions rules, climate litigation, and investor divestment. Eni plans about €29 billion of gross spending in 2026–2030 largely on hydrocarbons, alongside growing low- and zero-carbon businesses such as renewables, biofuels, and carbon sequestration.

Eni SpA filed its annual Form 20-F for the year ended December 31, 2025, prepared under IFRS. The report emphasizes how earnings are highly sensitive to crude oil and gas prices; a 14.5% Brent decline in 2025 cut Exploration & Production operating profit by about €1.8 billion and cash flow by €1.6 billion.

Management highlights major risks from commodity volatility, global slowdown, geopolitical tensions in Ukraine and the Middle East, and competition across refining, chemicals, gas, and retail. Refining posted a €1.1 billion operating loss in 2025 and chemicals €1.4 billion, prompting a capital-intensive restructuring plan.

The filing also details extensive climate-transition, regulatory, legal, and reputational risks, including potential carbon pricing, stricter emissions rules, climate litigation, and investor divestment. Eni plans about €29 billion of gross spending in 2026–2030 largely on hydrocarbons, alongside growing low- and zero-carbon businesses such as renewables, biofuels, and carbon sequestration.