Eni announces 1.3B euro dividend after profit rise

Italian energy company Eni announced a special dividend of €1.3 billion and an increase in its share buyback program to €3.8 billion, following the achievement of a net profit in the third quarter that more than doubled compared to last year, reaching €2.8 billion. This figure surpassed analysts' expectations of €2.48 billion, and the company also raised its outlook for operating cash flows to €16.5 billion. This comes as the company's profits grow and its financial performance improves, aimed at enhancing shareholder participation in returns.

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