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The latest announcement is out from Green Oleo S.P.A. ( (IT:GRN) ).
Green Oleo announced the progress of its share buyback program, purchasing 22,500 own shares between February 3 and February 7, 2025, at an average price of 0.8593 euros per share. This ongoing buyback is part of a plan approved in April 2024, aimed at enhancing shareholder value and optimizing capital structure, reflecting the company’s strong market position in the oleochemical industry.
More about Green Oleo S.P.A.
Green Oleo S.P.A. is a leading European producer of fine oleochemicals from renewable and biodegradable sources, based in Cremona. Established in 2012, the company produces a variety of oleochemical products, including distilled fatty acids and glycerines, using local raw materials like acid oils from olives and animal fat. It serves industrial entities in sectors like detergents, cosmetics, and rubber, with an annual production capacity of 65,000 tons.
YTD Price Performance: -4.89%
Average Trading Volume: 28,650
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €28.3M
Learn more about GRN stock on TipRanks’ Stock Analysis page.