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MILAN: Italian energy group Eni said on Friday it would increase its share buyback after better-than-expected third-quarter results.
The company reported an adjusted net profit of 1.25 billion euros ($1.46 billion) in the third quarter, beating an analyst consensus of 1.02 billion euros and coming in just below the 1.27 billion-euro profit posted in the same period of last year.
Eni said it would raise its full-year 2025 share buyback by 20% to 1.8 billion euros.