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Eni Buys Back €40 Million of Shares, Lifting Treasury Holdings to 6.2% of Capital

Tipranks - Thu Jan 22, 11:28AM CST

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Eni SPA ( (E) ) has issued an announcement.

Between 12 and 16 January 2026, Eni S.p.A. bought back 2,446,380 of its own shares on Euronext Milan, equal to 0.08% of its share capital, at a weighted average price of €16.3507 per share for a total outlay of about €40 million, as part of the treasury share repurchase programme approved by shareholders on 14 May 2025. Since the launch of this buyback on 20 May 2025, Eni has repurchased 108,305,100 shares, representing 3.44% of its capital, bringing its total treasury shareholding to 195,133,114 shares or 6.20% of the share capital when combined with shares already held and those granted free of charge to executives and employees, underscoring the group’s continued capital-return strategy and active management of its equity base for shareholders and plan participants.

The most recent analyst rating on (E) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Eni SPA stock, see the E Stock Forecast page.

Spark’s Take on E Stock

According to Spark, TipRanks’ AI Analyst, E is a Outperform.

Eni SPA’s overall stock score is driven by strong earnings call results and positive technical indicators, which highlight the company’s strategic growth and operational efficiency. Financial performance shows solid cash flow and a stable balance sheet, though profitability and revenue growth remain areas for improvement. The valuation is reasonable, with a high dividend yield adding to the stock’s appeal.

To see Spark’s full report on E stock, click here.

More about Eni SPA

Eni S.p.A. is an integrated global energy company based in Italy, operating primarily in the oil and gas sector with activities spanning exploration and production, refining, marketing, chemicals, and increasingly low‑carbon and renewable energy solutions, serving industrial, commercial and retail customers mainly in Europe and worldwide.

Average Trading Volume: 262,191

Technical Sentiment Signal: Buy

Current Market Cap: $58.79B

For detailed information about E stock, go to TipRanks’ Stock Analysis page.

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