Eni Raises Buyback and Declares Extraordinary Dividend After Earnings Double
Eni announced an extraordinary dividend and a higher buyback after volume growth, higher prices and exceptional refining margins boosted cash. The body is truncated before the full details.
By Adam WhittakerEni kicked off earnings season for the energy majors with an extraordinary dividend and buyback hike after volume growth, higher prices and exceptional refining margins provided a cash windfall that the Italian company could return to shareholders.The oil and gas company said Frida…