Eni: treasury shares purchase programme terminated

Source: www.gulfoilandgas.com 3/13/2024, Location: Europe

During the period from 4 to 5 March 2024, Eni acquired on the Euronext Milan no. 706,279 shares (equal to 0.02% of the share capital), at a weighted average price per share equal to 14.3754 euro, for a total consideration of 10,153,013.75 euro within the second tranche of the treasury shares program approved by the Shareholders' Meeting on 10 May 2023, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999.

With the purchases reported above the second tranche of the buyback programme of the Company for the year 2023, started on 4 September 2023, terminated and, consequently, the buyback programme for the year 2023 totaling EUR 2,2 billion as disclosed to the market at the Capital Markets Update on 23 February 2023.

During the execution of the second tranche, Eni acquired no. 91,447,368 shares (equal to 2.71% of the share capital) for a total consideration of 1,374,993,075.27 euro. Following the purchases made until 5 March 2024, considering the treasury shares already held, the cancellation of 195,550,084 treasury shares resolved by the Shareholders' Meeting on 10 May 2023 and the free of charge shares granted to Eni’s directors, following the conclusion of the Vesting Period as provided by the “Long-Term Incentive Plan 2020-2022” approved by Eni’s Shareholders’ Meeting of 13 May 2020, Eni holds n. 181,668,440 shares equal to 5.38% of the share capital. The shares purchased under the second tranche of the buyback programme will be cancelled in accordance with the terms and timing resolved by the Shareholders' Meeting on 10 May 2023.

The weekly information including the daily details of the 2023 share buyback programme can be found at Treasury shares year 2023 and Shareholders Remuneration.


Angola >>  7/12/2024 - Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it ha...
Australia >>  7/12/2024 - Calima Energy Limited announces that it intends to undertake a minimum holding buy-back for holders of unmarketable parcels of shares in the Company...

Colombia >>  7/12/2024 - BBVA and the International Finance Corporation (IFC), a member of the World Bank Group, issued a US$15 million first tranche of the world's first biod...
Greece >>  7/12/2024 - Icon Energy Corp. (“Icon Energy” or the “Company”), an international shipping company that provides worldwide seaborne transportation services for dry...

Italy >>  7/12/2024 - This year we will take the Capital Markets Day to southern Europe and visit our heat exchanger manufacturing site in San Bonifacio in Italy.

...

Japan >>  7/12/2024 - · Selections reflect high evaluation of Company's ESG response
· Indices also adopted as benchmarks for GPIF's ESG passive funds

Mitsu...





Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.