Published by Global Banking & Finance Review®
Posted on February 22, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleEnel 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.
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).
The repurchase programme will run from February 23 to no later than July 31, it said in a statement.
The state-controlled group will unveil its strategic update for the next three years on Monday.
($1 = 0.8489 euros)
(Reporting by Francesca Landini)
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.
The repurchase programme starts on February 23 and is scheduled to run no later than July 31, according to the company’s statement.
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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