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    3. >Enel launches share buyback of up to 1 billion euros ahead of business plan
    Finance

    Enel launches share buyback of up to 1 billion euros ahead of business plan

    Published by Global Banking & Finance Review®

    Posted on February 22, 2026

    1 min read

    Last updated: February 22, 2026

    Enel launches share buyback of up to 1 billion euros ahead of business plan - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Enel will launch a share buyback of up to €1 billion starting Feb 23 through July 31. The state-controlled utility will present a three-year strategic update on Monday.

    Enel to Repurchase up to €1 Billion in Shares Before New Three-Year Plan

    Buyback Amount and Scope

    Buyback Overview and Strategy Timeline

    MILAN, Feb 22 (Reuters) - Italy's biggest utility Enel said on Sunday it would launch a new tranche of a share buyback worth up to 1 billion euros ($1.18 billion).

    Programme Dates and Deadline

    The repurchase programme will run from February 23 to no later than July 31, it said in a statement.

    Three-Year Plan Announcement

    The state-controlled group will unveil its strategic update for the next three years on Monday.

    Currency Conversion Reference

    ($1 = 0.8489 euros)

    Reporting Credit

    (Reporting by Francesca Landini)

    Table of Contents

    • Buyback Amount and Scope
    • Buyback Overview and Strategy Timeline
    • Programme Dates and Deadline
    • Three-Year Plan Announcement

    Key Takeaways

    • •Enel will launch a new share buyback of up to €1 billion.
    • •The programme runs from Feb 23 through no later than July 31.
    • •The state-controlled utility will unveil a three-year strategic update on Monday.
    • •Move signals capital return focus ahead of the business plan.
    • •Reuters reports the announcement was made in Milan on Feb 22.

    Frequently Asked Questions about Enel launches share buyback of up to 1 billion euros ahead of business plan

    1What is the main topic?

    Enel announced a new share buyback of up to €1 billion, set to begin Feb 23 and run through July 31, ahead of unveiling its next three-year strategic plan.

    2When does the buyback take place?

    The repurchase programme starts on February 23 and is scheduled to run no later than July 31, according to the company’s statement.

    3Why is Enel launching the buyback now?
  • Currency Conversion Reference
  • Reporting Credit
  • The buyback precedes Enel’s upcoming three-year strategic update, suggesting a focus on shareholder returns and balance sheet optimization ahead of the new plan.

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