Enel launches a new buy-back programme of up to EUR 1 billion
The Board of Directors also authorised the issue of bonds and bank loans of up to EUR 12 billion
Enel's board of directors approved the launch of a new share buyback programme for a maximum total outlay of up to €1 billion and a maximum number of shares in any case not exceeding €150 million, equivalent to approximately 1.48% of Enel's share capital.
The Programme, whose duration will run from 23 February 2026 to no later than 31 July 2026, informs a note, 'is aimed at recognising shareholders an additional remuneration with respect to the distribution of dividends as a result of the cancellation of treasury shares purchased for this purpose and follows the previous share buyback programme, which started on 1 August 2025 and ended on 16 December 2025, with the same purpose, under which a total of 122.469.633 treasury shares for a total outlay of approximately EUR 1 billion".
Authorised issuance of bonds and bank loans up to EUR 12 billion
In addition, Enel's Board of Directors today authorised the issuance of bonds as well as the subscription and/or renewal of bank loans, until 31 March 2027, by the company and/or Enel Finance International N.V. and/or Enel Finance America, LLC (in the latter two cases, with a guarantee issued by Enel), for a total maximum amount of €12 billion. The purpose of the new financing transactions will be to refinance debt maturing by 31 March 2027, as well as to meet the financial needs associated with the Enel Group's growth and investment initiatives. The board of directors has also granted the CEO the appropriate powers to execute the above transactions.
