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An announcement from Green Oleo S.P.A. ( (IT:GRN) ) is now available.
Green Oleo S.P.A. announced the purchase of 28,500 of its own shares, representing 0.088% of its share capital, at an average price of 0.8811 euros per share. This move, facilitated by Corporate Family Office SIM S.p.A., is part of its ongoing share buyback program, reflecting the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
More about Green Oleo S.P.A.
Green Oleo S.P.A., established in 2012 and based in Cremona, is a prominent European producer of fine oleochemicals derived from renewable and biodegradable sources. The company utilizes local raw materials, including byproducts from the food industry, to produce a variety of oleochemical products such as fatty acids, glycerins, and esters. Operating from a large facility with significant production capacity, Green Oleo serves industrial sectors ranging from detergents and cosmetics to rubber and paint.
YTD Price Performance: -5.98%
Average Trading Volume: 25,012
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €27.98M
For an in-depth examination of GRN stock, go to TipRanks’ Stock Analysis page.
