Eni(E)2025-04-04 15:15Buyback Program - Eni's Board of Directors proposed a new buyback program for up to €1.5 billion, potentially increasing to €3.5 billion in favorable cash flow scenarios[7][9] - The maximum number of shares to be purchased under the buyback program is 315 million, representing approximately 10% of Eni's share capital[9] - The new buyback program is set to run until the end of April 2026, aimed at rewarding shareholders[7] - The cancellation of treasury shares acquired under the buyback program will be proposed without reducing share capital by July 2026[12] Dividend Distribution - Eni plans to distribute 35%-40% of annual Cash Flow From Operations (CFFO) as dividends and share buybacks, with up to 60% of additional cash in upside scenarios allocated to buybacks[8] - The fourth tranche of the 2024 dividend was approved at €0.25 per share, contributing to a total annual provision of €1.00 per share[15] - Holders of ADRs will receive €0.50 per ADR, payable on June 9, 2025, with each ADR representing two Eni shares[16] Treasury Shares - Eni currently holds 91,610,327 treasury shares, which is about 2.9% of its share capital[13] Regulatory Filings - Eni's Annual Report on Form 20-F for the year ended December 31, 2024, has been filed with the SEC[21] - The documentation for the Shareholders' Meeting will be available to the public in accordance with current regulations[13]