Enel Continues Share Buyback Program with Acquisition of 186,000 Treasury Shares

Enel Continues Share Buyback Program with Acquisition of 186,000 Treasury Shares

(IN BRIEF) Enel S.p.A. has announced the purchase of 186,000 treasury shares between December 27th and 29th, 2023, on the Euronext Milan market, at an average price of 6.7302 euros per share, amounting to 1,251,825.900 euros. This transaction is part of the ongoing share buyback program initiated on October 5th, 2023, following authorization from the Shareholders’ Meeting held on May 10th, 2023, designed to support the Long-Term Incentive Plan 2023. The breakdown of purchases during this period is detailed in the announcement, and it brings the total treasury shares acquired to 3,377,224 shares, equivalent to approximately 0.0332% of the share capital, at a cost of 21,007,908.138 euros. Enel now holds a total of 9,262,330 treasury shares, representing around 0.0911% of the share capital as of December 29th, 2023.

(PRESS RELEASE) ROME, 4-Jan-2024 — /EuropaWire/ — Enel S.p.A. (“Enel” or the “Company”) announces that between December 27th and 29th, 2023, it purchased 186,000 treasury shares at a volume-weighted average price of 6.7302 euros per share on the Euronext Milan market organized and managed by Borsa Italiana S.p.A., for a total consideration of 1,251,825.900 euros.

The transaction follows up on the announcement on October 5th, 2023, concerning the start of a share buyback program (the “Program”), implementing the authorization granted by the Shareholders’ Meeting held on May 10th, 2023, and resolved to serve the Long-Term Incentive Plan 2023.

On the basis of the information provided by the intermediary engaged to execute the purchases, the following table summarizes, in daily and aggregate form, Enel ordinary shares’ purchases carried out by the intermediary on the Euronext Milan market during the period indicated above:

The attachment to this press release gives a daily breakdown of the purchases carried out.

Since the beginning of the Program, Enel has purchased 3,377,224 treasury shares (equal to around 0.0332% of the share capital), for a total consideration of 21,007,908.138 euros. Considering the treasury shares already owned, Enel holds as of December 29th, 2023 a total of 9,262,330 treasury shares, equal to around 0.0911% of the share capital.

For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. – with registered office in Rome, at 4 Piazza Priscilla – as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022.

From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.

Media Contact:

T +39 06 8305 5699
ufficiostampa@enel.com
gnm@enel.com

SOURCE: Enel S.p.A.