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Stock impact report

Eni (E) Announces Bump in Shareholder Returns [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
Eni (E) Announces Bump in Shareholder Returns Eni S.p.A. (NYSE:E) operates as an integrated energy company in Italy, the rest of Europe, the United States, Asia, Africa, and internationally. Eni S.p.A. (NYSE:E) announced on March 19 that it had bumped the top end of its ?distribution range for the next five years. The company now plans to return 35%-45% of its cash flow from operations (CFFO) to shareholders, up from 35%-40% previously. In line with the plan, the Italian energy giant has now revealed its intention to launch a new share buyback program this year for an amount of €1.5 billion. This program may even grow to a maximum of €4 billion if Eni exceeds its CFFO targets. The company is expecting to grow its CFFO to around €17 billion by 2030. Moreover, Eni S.p.A. (NYSE:E) proposed a jump of around 5% in its dividend for 2026, to €1.10 per share. The company confirmed that it may even distribute an extraordinary dividend if annual Brent ?prices average over $90 per barre Show less Read more
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