Eni raises buyback to EUR 3.80 billion. Eni stock falls 1.92 percent.

Published on 10/26/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eni declares an extraordinary EUR 0.46 dividend for December 9, 2026. Eni stock costs EUR 27.12 on October 26, 2026 versus the EUR 27.65 Xetra close.

Eni raises shareholder returns

Eni raised its 2026 buyback plan to EUR 3.80 billion and approved an extraordinary EUR 0.46 dividend.
The company also lifted its 2026 adjusted cash flow guidance to EUR 16.50 billion and reported third-quarter adjusted net profit of EUR 2.80 billion.
Eni stock was trading at EUR 27.12 at Lang & Schwarz on October 26, 2026, down 1.92 percent versus the EUR 27.65 Xetra close of October 23, 2026.

Eni, IT0003132476, Illustration mit AI erstellt.

Eni (ISIN IT0003132476) was trading at EUR 27.12 at Lang & Schwarz on October 26, 2026 at 3:00 p.m. CEST, down 1.92 percent versus the Xetra close of October 23, 2026 at EUR 27.65. On October 23, Eni raised its 2026 buyback plan to EUR 3.80 billion and approved an extraordinary EUR 0.46 dividend, according to the Eni release.

Cash returns move higher

The payout decision followed Eni's third-quarter and nine-month results. The extraordinary dividend totals EUR 1.30 billion and is due on December 9, 2026, while the ex-dividend date is December 7, 2026, according to the company release.

Eni also confirmed its ordinary 2026 dividend at EUR 1.10 per share, 5.00 percent above the 2025 level. The buyback is up 12.00 percent from the previous EUR 3.40 billion plan and is almost triple the initial EUR 1.50 billion guidance.

Cash flow supports the upgrade

The company raised its 2026 adjusted cash flow from operations guidance to EUR 16.50 billion, an improvement of EUR 1.20 billion against its initial guidance and sensitivities. Third-quarter adjusted net profit more than doubled year over year to EUR 2.80 billion, while adjusted EBIT doubled to EUR 6.00 billion.

Operational figures also strengthened the case for higher distributions. Underlying oil and gas production increased 7.00 percent year over year to 1.83 million barrels of oil equivalent per day in the third quarter, and pro forma gearing stood at 9.00 percent at the end of September 2026.

Friday rally gives way to pullback

The market reaction has become more mixed after the results-day surge. The dated Xetra series shows a 5.82 percent gain to EUR 27.65 on October 23, 2026, followed by the EUR 27.12 Lang & Schwarz price on October 26, 2026, a 1.92 percent decline versus that close, as reported by Marketscreener. This creates a clearer short-term contrast: cash returns improved, but the stock did not hold the full post-results advance.

What comes next for Eni

The next dated distribution milestones are the December 7, 2026 ex-dividend date and the December 9, 2026 payment date. For investors, the main measurable change is the higher cash-return capacity, supported by EUR 16.50 billion of adjusted cash flow guidance and 9.00 percent pro forma gearing.

Eni stock was trading at EUR 27.12 at Lang & Schwarz on October 26, 2026 at 3:00 p.m. CEST, down 1.92 percent versus the Xetra close of October 23, 2026 at EUR 27.65. The further course of trading is shown by the continuously updated real-time quote of Eni stock.