ENI expects to invest 27bn in 2024-2027 - Business.co.uk. The company has also raised target payout in dividend and buyback to 30%-35% of operating cashflow from the previous 25%-30%.
The proposed 2024 dividend is raised by over 6% to 1 euro per share, paid in quarterly installments, and share buyback is set at 1.1 billion euro. Under the plan ENi expects to generate cashflow before working capital of around 13.5 billion euros in 2024 and 62 billion euros over the plan period.