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Reuters

Italy's Eni to boost buyback after quarterly earnings beat expectations

Reuters
Summary
Nutrition label

82% Informative

Italian energy group Eni will increase its share buyback programme to 2 billion euros ( $2.2 billion ) The state-controlled group had indicated in July that it could raise its buyback to up 2.1 billion euros if the macroeconomic situation improved.

Analysts have warned that a drop in oil prices after more than two years of bumper profits could push big energy companies to borrow to maintain shareholder payouts.

VR Score

92

Informative language

98

Neutral language

80

Article tone

semi-formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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