Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Oct 24, 2024
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.
https://www.wsj.com/articles/eni-cuts-guidance-on-weak-oil-prices-lifts-buybacks-75521104?mod=pls_whats_news_us_business_f
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