Enel, under the leadership of CEO Flavio Cattaneo, has set a new record at Piazza Affari, with the stock reaching its all-time high on 4 November 2025. € 8,96 per shareA remarkable result considering that, when Rho's top manager was appointed by the Ministry of Economy and Finance to lead the company in April 2023, the Group's stock was worth less than 6 euros. This represents a 50% growth in just two and a half years.
A path of constant growth, which has guaranteed a Total Shareholder Return (TSR) Currently, it's close to 80%. This is significant, given that a high TSR indicates a company's strong ability to create value for its shareholders. This ratio measures the total return shareholders receive from their investment in a company. It therefore assesses the investor's overall performance over time, combining capital gains and dividends distributed.
In fact, the remuneration policy has been undeniably generous towards those who have decided to invest in Enel shares: in addition 11 billion euros in dividends distributed over two years and the launch, in 2025, of a buyback plan aimed at offering further benefits to shareholders.
Moreover, many signals had already arrived during the year. For example, when Enel shares had been positively evaluated by Goldman Sachs, one of the world's leading analysts, who in October had increased the target price of the energy group's stock and brought it to 10 euros per share (compared to the previous 9,55) with an upside of 24% and maintaining the “Buy” rating.
Another appreciated initiative was the issuing of the 4,5 billion maxi-bond of dollars (3,8 billion euros), which received broad consensus among experts and favorable opinions that continued for several days. The bond's launch was part of Enel's growth path, which last July, in its half-year results, reported growth for the eighth consecutive quarter.
In fact, already this summer a snapshot of the good moment of the electric group led by CEO Flavio Cattaneo had been taken by many investment banks including, to name a few, Intermonte, Bank of America, and Akros, as well as the aforementioned GS, which in August saw Enel as a story of solidity and growth, on a path marked by potential further affirmation in terms of results and stability.
The ranking too Bloomberg CEO Scorecard, again in the summer, highlighted the CEO's management as the cause and effect of the company's growth, which had led to an increase in its market value.
Also worth mentioning is the operation of buyback, widely appreciated on the stock market, which has guaranteed additional returns to investors. The program, which will last until December 31, 2025, provides for a total disbursement of up to 1 billion euroThe utility's announced share buyback was seen as a clear signal of the company's financial strength and long-term vision.
Among the energy groups, Enel is the first in terms of capitalisation in FTSEMIB and, with beyond 91 billion euros, is positioned third in the total Italian market cap ranking (in 27% growth compared to 12 months ago), placing itself on the podium after the banks Unicredit and Intesa San Paolo.
The management approach, based on efficiency and financial rigor, was crucial, allowing the company to quickly regain profitability and achieve renewed solidity, regaining the full confidence of the markets. At the same time, Enel continued resolutely on its path to recovery. of energy transition, leading to85 % the production of electricity at zero emissions and increasing by 13% of installed renewable capacity, today equal to 67,2 GWA strategy that has led to the continuous improvement of environmental, social, and governance (ESG) sustainability parameters, with absolutely significant results for the energy sector.
In this context, Climate Action 100+, The largest global initiative involving over 600 institutional investors on climate change issues, has recognized Enel as the most transparent among the 164 companies involved in the initiative worldwide, in terms of aligning corporate disclosures with the Net Zero Company BenchmarkThis further confirms the effectiveness of the decarbonization efforts undertaken by the group led by Flavio Cattaneo, in line with the commitments of the Paris Agreement and the environmental and financial sustainability strategy, which calls for zero direct and indirect net emissions by 2040.
Therefore, the new stock market high further confirms the effectiveness of the CEO's long-term strategy, capable of combining economic growth, environmental sustainability, and shared value. In light of this, all eyes are now on November 13th, the day the energy group will present its results for the first nine months of the year.
