Eni Boosts Share Buyback to 2.8 Billion Euros
The Italian energy group Eni nearly doubled its share buyback program today following a revised outlook for oil and gas prices amid the ongoing conflict in Iran.
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ENI SPA has significantly increased its shareholder returns, nearly doubling its share buyback program to 2.8 billion euros ($3.3 billion). The Italy-based energy major also upgraded its 2026 cash flow guidance, citing a strengthened outlook for commodity prices fueled by the ongoing conflict involving Iran.
