Eni 2010 Dividends

The objective of ' Eni is not to give power to the cheap ' Italy , but to make the company competitive for 300,000 shareholders' dividend-hungry. "

And 'what stressed the AD group, Paolo Scaroni, who spoke in a debate on changes in the price of oil , organized by Banca Popolare Sondrio.

"My predecessor, Enrico Mattei, sat on a public company and its aim being to provide energy at a low price to the young Italian Republic hungry for energy , "said the manager.

Who added: "I have 300,000 shares in dividend-hungry world and my goal is not to give energy to low-priced ' Italy , but to a competitive company for all its shareholders. This is my object. "

The manager, responding to a question on the high price of ' energy despite the State holds 30% of the capital of the company, said that "it is true that the Treasury owns 20% of CDP Capital and 10%, but even if I had a single private shareholder, I am forced to take care of their interests when buying shares.

At the end of July Eni announced a surprise reduction in the interim dividend of 0.50 euros per share, causing the negative reaction of markets and many investment funds . One, Night Vinke, has also called for the separation of downstream from upstream to release the hidden value of the group.

Related posts

• Eni and nuclear power in Italy (0)
• Crisis in Spain, Black Thursday (0)
• Serra's largest photovoltaic Italy (0)
• Record oil: $ 135! (0)
• Italy, the automotive market recovering (0)