Italy - Factors to watch on April 5

Iren S.p.A.

05/04/2024 05:00

The following factors could affect Italian markets on Friday.
    Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    ECONOMY
    ISTAT releases Q4 deficit/GDP ratio data (0900 GMT).
    OECD releases March composite leading indicator data (1000
GMT).
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on April 10.
    
    COMPANIES
    ENI  ENI.MI 
    The board of the Italian energy group decided on Thursday to
submit a proposal to the May 15 shareholders' meeting to adopt
an employee stock ownership plan for the next three years.
    A new 1.1 billion euro share buyback programme will be
launched by the energy group this year, Eni added. The amount of
the share buyback programme may be increased up to 3.5 billion
euros, depending on the evolution of the annual cash flow from
operations (CFFO). 
    The board also approved the possible issue of one or more
bonds, to be placed with institutional investors, for up to 5
billion euros, or its equivalent in other currencies, to be
issued by March 31, 2026, Eni said on Thursday.
    
    TOD'S  TOD.MI 
    LVMH-backed private equity firm L Catterton said on Thursday
that it had received all the necessary approvals for its bid for
the Italian luxury group.     
    
    RAI WAY  RWAY.MI 
    Italy's state lender Cassa Depositi e Prestiti (CDP) is
ready to consider a possible acquisition of a stake in TV tower
company if conditions exist, its chief executive Dario
Scannapieco said on Thursday.
    
    DIARY
    Rome, trade union FIM-CISL holds news conference to present
report on Stellantis  STLAM.MI  production and employment in the
Group's Italian plants in Q1 (0900 GMT).
    Milan, Bocconi University and A2A  A2.MI  present report on
the demographic decline in Italy and the companies' commitment
to support parenthood with A2A CEO Renato Mazzoncini (0900 GMT).
    Borgaro Torinese, Iren  IREE.MI  inaugurates plan "Circular
Plastic" (1200 GMT); Environment and Energy Security Minister
Gilberto Pichetto Fratin delivers closing address (1320 GMT).
    Cernobbio, The European House Ambrosetti 35th edition annual
workshop "The outlook for the economy and finance" starts; ends
on April 6.
    Naples, Industry Minister Adolfo Urso attends via
videoconference "Agenda Sud 2030 - Where Europe meets the
Mediterranean" (1000 GMT).
    
    ((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))
    
    For Italian market data and news, click on codes in 
brackets:

    20 biggest gainers (in percentage)............ .PG.MI 
    20 biggest losers (in percentage)............. .PL.MI 
    FTSE IT allshare index  .FTITLMS 
    FTSE Mib index........  .FTMIB 
    FTSE Allstars index...  .FTSTAR 
    FTSE Mid Cap index....  .FTITMC 
    Block trades..........  .BLK.MI 
    Stories on Italy......  IT-LEN 
    
    For pan-European market data and news, click on codes in 
 brackets:
  European Equities speed guide................... EUR/EQUITY 
  FTSEurofirst 300 index.............................. .FTEU3 
  DJ STOXX index...................................... .STOXX 
  Top 10 STOXX sectors........................... .PGL.STOXXS 
  Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
  Top 10 Eurofirst 300 sectors................... .PGL.FTEU3S 
  Top 25 European pct gainers....................... .PG.PEUR 
  Top 25 European pct losers........................ .PL.PEUR 
 
  Main stock markets:
  Dow Jones............... .DJI   Wall Street report ..... .N 
  Nikkei 225............. .N225   Tokyo report............ .T 
  FTSE 100............... .FTSE   London report........... .L 
  Xetra DAX............. .GDAXI   Frankfurt market stories .F 
  CAC-40................. .FCHI   Paris market stories... .PA 
  World Indices..................................... 0#.INDEX 
  Reuters survey of world bourse outlook......... EQUITYPOLL1 
  Western European IPO diary.......................... WEUIPO 
  European Asset Allocation........................ EUR/ASSET 
  Reuters News at a Glance: Equities............... TOP/EQE 
  Main currency report:............................... FRX/