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Green Oleo S.P.A. ( (IT:GRN) ) has provided an announcement.
Green Oleo S.P.A. recently reported on their ongoing share buyback program, which commenced in May 2024 and is set to last for 18 months. During a period in January 2025, the company acquired 15,000 of its own shares, representing 0.046% of its share capital, at an average price of 0.8995 euros per share. This initiative is part of the company’s efforts to manage its capital structure effectively and could impact its financial standing and 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, such as by-products from the food industry, to produce a range of oleochemical products, including distilled fatty acids, stearic acids, oleic acids, glycerines, and esters. These products serve various industrial sectors, including detergents, elastomers, candles, paints, rubber, tires, personal care, and cosmetics.
YTD Price Performance: -1.09%
Average Trading Volume: 27,961
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €29.44M
For an in-depth examination of GRN stock, go to TipRanks’ Stock Analysis page.
