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Having assessed the improvement in the fundamentals of the energy scenario and the prospects for market evolution, the Eni Board of Directors approved a Brent reference scenario of $ 65 / bbl which, according to the shareholder remuneration policy, determined an annual dividend in the fiscal year 2021 of € 0.86 per share, which grows by over 100% compared to 2020, returning to pre-COVID levels. The launch of a € 400 million buy-back program has also been approved.
The Board of Directors also approved the distribution of 50% of the forecast dividend as an interim dividend for 2021, equal to € 0.43, with payment in September, through the use of Eni’s available reserves.