Eni Increases Distribution and Sets Special Dividend Goal

Eni raised its distribution target to 35-45% of cash flow and plans extra dividends if oil stays high. The firm is also reorganizing its Plenitude unit.

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Italy-based energy major Eni S.p.A. has announced an increase in its shareholder distribution targets for the 2026-2030 period, alongside a provision for extraordinary dividends if energy prices exceed expectations. The state-controlled company revealed its updated strategy on Thursday, outlining a more aggressive return policy driven by robust cash flow projections.

The Eni logo showcased at an international energy trade exhibition in Canada. REUTERS/Chris Helgren
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