Italgas confirmed EUR 13.0 billion plan: Italgas stock sits 28.41 percent below its high

Published on 10/08/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The plan allocates EUR 8.3 billion to Italian gas infrastructure. Italgas stock costs EUR 8.09 on October 8, 2026 after EUR 8.08, plus 0.12 percent.

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Italgas (ISIN IT0005211237) was trading at EUR 8.09 at Lang & Schwarz on October 8, 2026 at 11:07 a.m. CEST, plus 0.12 percent versus EUR 8.08 on October 7, 2026. The company had confirmed a EUR 13.0 billion investment plan for 2026-2032 on September 30, 2026, according to Italgas.

EUR 13.0 billion investment plan

The strategic plan lifts total planned investment by 14.60 percent from the previous plan to EUR 13.0 billion. Italgas assigns EUR 8.3 billion to the development, digitalization, repurposing and technology upgrade of gas infrastructure in Italy, while EUR 2.4 billion is earmarked for future ATEM gas-distribution tenders.

Italgas also allocates EUR 1.0 billion to network development in Greece, EUR 0.8 billion to water and energy-efficiency activities and EUR 0.5 billion to gas-distribution acquisitions. More than 82.00 percent of total investment is directed to Italian gas distribution, making regulated network expansion the financial center of the plan.

Stock remains below EUR 11.30 high

At EUR 8.09, Italgas stock stood 28.41 percent below its 52-week high of EUR 11.30 and above its 52-week low of EUR 8.02 on October 8, 2026. The market capitalization was EUR 8.2 billion on the same date, while trading volume had reached 167,846 shares on the primary listing.

The strategy sets a 2032 cumulative regulated asset base of EUR 21.7 billion and targets adjusted earnings per share growth of more than 9.00 percent annually from 2025 to 2032. Italgas also confirmed its 2026 guidance and dividend policy on the strategic-plan page dated September 30, 2026, providing a defined reference point for the October market price.

October 29 results date

Italgas lists October 29, 2026, for the presentation of third-quarter results. Its investor page also reports that adjusted EBITDA rose 39.40 percent in the results for the year ended December 31, 2025, while adjusted net profit increased 33.10 percent and operating cash flow reached EUR 1.63 billion, according to Italgas.

The Lang & Schwarz quote was EUR 8.09 in trading on October 8, 2026 at 11:07 a.m. CEST, plus 0.12 percent versus the Lang & Schwarz prior close of EUR 8.08 dated October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Italgas stock.