Eni board approves 2011 financial report

March 15, 2012 | Earnings Reports, Management

Eni_CEO_Paolo_Scaroni

The board of directors of ENI has approved the consolidated financial report and draft budget for 2011. The financial report and the draft budget showed net profits of 6,860 million and 4.213 million euro respectively, thus confirming the preliminary results announced on February 15 2012.

The company informed in a statement that the board of directors also agreed to propose a dividend of 1.04 euro per share to the shareholders. Half of the dividend (0.52 euro per share) was already paid in September 2012, and the remaining half will be paid out as from May 24 2012, with the coupon cut-off date being May 21 2012.

The board convened ordinary shareholders’ meetings for April 30 and May 8, and extraordinary meetings for April 30, and May 7-8.