Eni Releases 2013-2016 Strategic Plan

March 15, 2013

expected during the plan period.

According to this policy and our projections for 2013, the Eni board intends to propose a dividend of €1.10/sh, an increase of around 2% on 2012.
The buyback will be activated at management’s discretion and when a number of conditions are met. These include, but are not limited to, satisfactory leverage, well-within our target range limit of 30%, and full coverage for capex and dividends throughout the plan period.

SOURCE: Eni Press Office