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Saipem SpA (SPM.MI)

Milan - Milan Delayed price. Currency in EUR
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2.3920+0.0290 (+1.23%)
At close: 05:39PM CEST
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Previous close2.3630
Open2.3640
Bid2.3940 x 0
Ask2.4200 x 0
Day's range2.3470 - 2.4230
52-week range1.2470 - 2.4710
Volume45,307,394
Avg. volume31,157,272
Market cap4.719B
Beta (5Y monthly)1.97
PE ratio (TTM)26.58
EPS (TTM)0.0900
Earnings date24 Jul 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date18 May 2020
1y target est2.80
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    Eni sells 10% of Saipem at 1.970 euros per share

    ROME (Reuters) -Italian energy company Eni said on Wednesday it had completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million). Eni said in mid-March it would sell assets to keep a lid on debt and focus on core activities, laying out plans for 8 billion euros ($8.59 billion) of net proceeds through 2027. Since issuing a profit warning in 2022 Saipem has carried out a successful capital hike, restructured its operations and changed its top management.