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An announcement from Green Oleo S.P.A. ( (IT:GRN) ) is now available.
Green Oleo has provided an update on its ongoing share buyback programme authorised in April 2025, reporting the purchase of 4,500 treasury shares between 2 and 6 March 2026 at a weighted average price of €0.6217, for a total outlay of €2,797.50. Following these transactions, executed via Corporate Family Office SIM, the company now holds 559,500 treasury shares, representing 1.73% of its share capital, underscoring an active capital management strategy that may support share price stability and signal confidence to investors.
As one of Europe’s main producers of fine oleochemicals from renewable and biodegradable sources, Green Oleo operates a large-scale plant in Cremona that converts food-industry by‑products into a broad range of fatty acids, glycerines, soaps and esters for use in detergents, rubber, candles, paints and personal care products. The company’s focus on locally sourced raw materials and diversified industrial customer base positions it to benefit from growing demand for sustainable chemical inputs across multiple downstream sectors.
The most recent analyst rating on (IT:GRN) stock is a Buy with a EUR1.25 price target. To see the full list of analyst forecasts on Green Oleo S.P.A. stock, see the IT:GRN Stock Forecast page.
More about Green Oleo S.P.A.
Green Oleo S.p.A., listed on Euronext Growth Milan, is a leading European producer of fine oleochemicals from renewable and biodegradable sources, based in Cremona, Italy. Drawing on a production legacy dating back to 1923, it processes locally sourced by‑products of the food industry, such as acid oils and animal fats, into distilled fatty acids, stearic and oleic acids, glycerines, soaps and esters. The company operates a 64,000 square metre plant with an annual capacity of 65,000 tonnes, supplying industrial customers in sectors including detergents, elastomers, candles, paints, rubber and tyres, personal care and cosmetics.
Average Trading Volume: 11,526
Technical Sentiment Signal: Sell
Current Market Cap: €22.32M
See more insights into GRN stock on TipRanks’ Stock Analysis page.