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Green Oleo Updates on Share Buyback Program

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Green Oleo Updates on Share Buyback Program

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Green Oleo S.P.A. ( (IT:GRN) ) just unveiled an announcement.

Green Oleo S.P.A. has announced an update on its share buyback program, purchasing 4,500 of its own shares between April 7 and April 11, 2025, at an average price of 0.8050 euros per share. This move is part of an 18-month program initiated in May 2024, aimed at enhancing shareholder value and optimizing the capital structure, with the company now holding 1.229% of its share capital.

More about Green Oleo S.P.A.

Green Oleo S.P.A. is a leading European producer of fine oleochemicals derived from renewable and biodegradable sources. Established in 2012 in Cremona, the company utilizes raw materials like acid oils and animal fats from the food industry to produce a variety of oleochemical products. These include distilled fatty acids, stearic acids, oleic acid, glycerines, and esters, which serve industrial clients in sectors such as detergents, elastomers, candles, paints, rubber, tires, personal care, and cosmetics.

YTD Price Performance: -12.50%

Average Trading Volume: 21,109

Technical Sentiment Signal: Strong Buy

Current Market Cap: €26.04M

See more data about GRN stock on TipRanks’ Stock Analysis page.

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