Eni Reports Successful Acquisition of 5.4 Million Treasury Shares on Euronext Milan; the company now owns 1.52% of its share capital

Eni Reports Successful Acquisition of 5.4 Million Treasury Shares on Euronext Milan

Eni Reports Successful Acquisition of 5.4 Million Treasury Shares on Euronext Milan

(IN BRIEF) Eni has announced the completion of its treasury shares purchase program from June 12 to June 16, 2023. During this period, the company acquired 5,417,589 shares on the Euronext Milan at an average price of €12.9818 per share, totaling €70,330,273.86. With these recent purchases, Eni has acquired a total of 20,816,346 treasury shares, representing 0.62% of the share capital. The company currently holds 51,364,096 shares, equivalent to 1.52% of the share capital, considering the cancellation of 195,550,084 treasury shares approved by the Shareholders’ Meeting. Detailed information on Eni’s share buyback program can be found on their website.

(PRESS RELEASE) SAN DONATO MILANESE, 21-Jun-2023 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced it completed the acquisition of 5,417,589 treasury shares on the Euronext Milan between June 12 and June 16, 2023. The shares were purchased at a weighted average price of €12.9818 per share, amounting to a total consideration of €70,330,273.86. This acquisition falls under the authorization granted by the Shareholders’ Meeting on May 10, 2023, and is in compliance with the disclosure requirements set out in Article 144-bis of Consob Regulation 11971/1999.

Eni provides the following breakdown of the daily transactions for the purchase of treasury shares on the Euronext Milan:

Trade date
(dd/mm/yy)

Transaction quantity

Transaction weighted average price (euro)

Transaction amount (euro)

12/06/2023

1,000,000

€ 12.8761

€ 12,876,100.00

13/06/2023

1,500,000

€ 12.9279

€ 19,391,850.00

14/06/2023

998,959

€ 13.0508

€ 13,037,214.12

15/06/2023

1,000,000

€ 12.9996

€ 12,999,600.00

16/06/2023

918,630

€ 13.0907

€ 12,025,509.74

Total

5,417,589

€ 12.9818

€ 70,330,273.86

To date, Eni has acquired a total of 20,816,346 treasury shares, equivalent to 0.62% of the share capital, with a total value of €271,333,830. Following the purchases made until June 16, 2023, Eni currently holds 51,364,096 shares, representing 1.52% of the share capital, considering the previously held treasury shares and the cancellation of 195,550,084 treasury shares approved by the Shareholders’ Meeting on May 10, 2023.

Detailed information regarding the 2023 share buyback program, including daily updates, can be accessed on the Eni website under the “Treasury shares year 2023” and “Shareholders Remuneration” sections.

Media contacts:

Tel: +39.0252031875
Tel: +39.0659822030
ufficio.stampa@eni.com

SOURCE: ENI

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