Enel Buys Over 114mln Euro Worth of Treasury Shares

Enel Spa has acquired 14.6 million ordinary treasury shares at an average price of EUR7.8003 per share, totaling EUR114.2 million. This purchase brings Enel's treasury share holdings to 33.8 million, equivalent to 0.3% of its share capital. Enel shares closed up 0.4% on Tuesday at EUR7.84 per share.

Enel Spa has recently acquired 14.6 million ordinary treasury shares at an average price of EUR7.8003 per share, totaling EUR114.2 million. This purchase brings Enel's treasury share holdings to 33.8 million, equivalent to 0.3% of its share capital. The acquisition was announced on July 2, 2025, and Enel shares closed up 0.4% on Tuesday, reaching EUR7.84 per share.

The acquisition is part of Enel's strategy to optimize its capital structure and reduce its reliance on external financing. By increasing its treasury share holdings, Enel aims to improve its financial flexibility and potentially reduce its cost of capital.

Meanwhile, certain ordinary shares of Archimedes Tech SPAC Partners II Co. are subject to a lock-up agreement ending on August 9, 2025. These shares will be under lockup for 180 days starting from February 10, 2025. The company's sponsor, officers, and directors have agreed not to offer, sell, or dispose of these shares without the prior written consent of the representative [1].

References:
[1] https://www.marketscreener.com/news/certain-ordinary-shares-of-archimedes-tech-spac-partners-ii-co-are-subject-to-a-lock-up-agreement-e-ce7c5eddde8bf223