Eni has paid out €11 billion in dividends over the last two years, setting a business record and accounting for 20% of its current market worth. The payout for shareholders under the 2024-2027 Plan is 40% of the current market value. The state-controlled energy business expects to distribute between 30% and 35% of its yearly cash flow from operating activities as dividends and buybacks, up from 25%-30% before. Upside is planned to account for up to 60% of the plan's incremental cash flows, up from 35% previously. The planned dividend for 2024 rises by more than 6% to €1 per share from €0.94, payable in quarterly installments, while the share purchase is set at €1.1 billion, with a maximum of €3.5 billion.
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