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An update from Green Oleo S.P.A. ( (IT:GRN) ) is now available.
Green Oleo S.P.A. has announced the recent purchase of 24,000 of its own shares as part of a share buyback program initiated in May 2024. This strategic move, executed through Corporate Family Office SIM S.p.A., highlights the company’s commitment to enhancing shareholder value and consolidating its market position, reflecting a proactive approach to managing its share capital.
More about Green Oleo S.P.A.
Green Oleo S.P.A., based in Cremona, is a leading European producer of fine oleochemicals derived from renewable and biodegradable sources. Established in 2012 following an acquisition by the Buzzella Family, it operates in the oleochemical industry utilizing local raw materials such as acid oils from the food sector. The company produces a range of products including distilled fatty acids, stearic acids, oleic acid, glycerins, and esters, serving industries like detergents, elastomers, candles, paints, rubber, personal care, and cosmetics.
YTD Price Performance: -11.41%
Average Trading Volume: 30,512
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €26.36M
For a thorough assessment of GRN stock, go to TipRanks’ Stock Analysis page.
