BIT:ENIOil and Gas
Eni (BIT:ENI) Is Up 6.7% After Earnings Beat and €1.8B Buyback Expansion - What's Changed
Eni S.p.A. recently reported third-quarter earnings that exceeded analyst expectations, with net income rising to €803 million despite a slight decline in sales and revenue, and also announced an increase in its share buyback program to €1.8 billion for 2025.
Management’s commitment to both higher buybacks and a further dividend reflects confidence in Eni’s capital generation capabilities and its ongoing focus on shareholder returns.
We'll explore how the expanded buyback program and...