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  • FINANCE, STRATEGY AND REPORTING

Eni launches the new share buyback program

San Donato Milanese (Milan), 7 May 2026 - Eni announces that, following the authorization granted by the Shareholders' Meeting held on 6 May 2026, the first tranche of the new share buyback program (the "First Tranche") will be launched in the next days.

The First Tranche will concern up to a maximum of 5.1 million of Eni’s shares (approximately 0.2% of share capital) to be used to serve the 2026-2028 Long-Term Incentive Plan, approved by the Shareholders' Meeting held on 6 May 2026.

The purchases will be executed on the Euronext Milan through an authorized agent, who will act independently, also in relation to the timing of transactions and will be disclosed to the market in accordance with the terms and conditions set out in the laws and regulations in force.

As announced on 24 April 2026 in the context of the presentation of the first quarter 2026 results, Eni confirms that the 2026 share buyback program, to be executed by April 2027, will have a total amount of €2.8 billion. This amount may be increased up to a total maximum of €4 billion, in case of upside scenarios of the Cash Flow From Operations.

Therefore, after the First Tranche, further phases of purchases will be launched to complete the overall planned buyback program. 

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