Italy's Eni ups buyback to 2 billion euros after better than expected Q3

MILAN (Reuters) - Italian energy group Eni said on Friday it would increase its share buyback programme to 2 billion euros ($2.2 billion) after reporting better than expected third-quarter results.



Adjusted net profit came in at 1.27 billion euros between July and September, beating an analysts' consensus of 1.08 billion euros compiled by the company, but falling from the 1.82 billion euros recorded in the third-quarter last year.

($1 = 0.9238 euros)

Source: Investing.com