Italgas starts Turin 5 service. Italgas stock sits 27.79 percent below its 52-week high

Published on 10/09/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Italgas plans EUR 13.0 billion of investment through 2032. Italgas stock costs EUR 8.16 on October 9, 2026 after EUR 8.20, down 0.49 percent.

Key points in brief

Italgas started managing the Turin 5 natural-gas distribution service on October 6, 2026, with an investment plan exceeding EUR 87 million.
The 2026-2032 strategic plan calls for EUR 13.0 billion of investment, up 14.6 percent from the previous plan.
Italgas stock was trading at EUR 8.16 at Lang & Schwarz on October 9, 2026, down 0.49 percent versus EUR 8.20.

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Italgas (ISIN IT0005211237) stock was trading at EUR 8.16 at Lang & Schwarz on October 9, 2026, down 0.49 percent versus the prior close of EUR 8.20. The latest operating step is the Turin 5 gas-distribution service, which Italgas Reti started managing on October 6, 2026, under a plan involving more than EUR 87 million of network investment, according to Italgas.

Three milestones set the growth path

On September 30, 2026, Italgas published a 2026-2032 strategic plan centered on EUR 13.0 billion of investment, up 14.6 percent from the previous plan. On October 2, 2026, the company signed a binding agreement involving a 22.5 percent stake in Floene. On October 6, 2026, Italgas Reti started the Turin 5 service with more than EUR 87 million earmarked for network expansion and digitalization, according to Italgas.

What does the plan mean for growth?

The plan targets EUR 21.7 billion of regulated asset base by 2032 and allocates EUR 8.3 billion to Italian gas infrastructure. Italgas also expects adjusted earnings per share to grow by more than 9 percent annually from 2025 to 2032, while confirming its 2026 guidance and dividend policy, according to Italgas.

The regulatory counterweight is visible in UBS research published through MarketScreener on September 15, 2026. UBS kept its buy rating but cut its target to EUR 10.60 from EUR 11.00 as it modeled the proposed regulatory framework from 2028. The report said the revised assumptions reduced projected EBITDA by 2 percent and projected net income by 4 percent for 2028 through 2031.

Next results date is October 29

Italgas lists October 29, 2026, for its presentation of third-quarter results. For investors, the combination of a EUR 13.0 billion investment plan and regulatory sensitivity makes execution in tenders and network digitalization central to the next reporting update.

Stock stays below its yearly high

At 11:00 a.m. CEST on October 9, 2026, Italgas stock was trading at EUR 8.16 at Lang & Schwarz, down 0.49 percent versus the EUR 8.20 prior close on October 8, 2026. The primary-market 52-week range was EUR 8.05 to EUR 11.30 as of October 9, 2026, while market capitalization was EUR 8.3 billion.

The further course of trading is shown by the continuously updated real-time quote of Italgas stock.