Eni SPA (E) has released an update. Eni S.p.A. has successfully purchased over 4.4 million treasury shares, equivalent to 0.14% of its share capital, for a total of approximately €62.5 million.
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
This sale contributes to Eni’s financial goal of generating 8 billion euros in net portfolio inflows under its 2024-27 plan. Eni now expects to reach this target by 2025, which is ahead of ...