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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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The latest update is out from Green Oleo S.P.A. ( (IT:GRN) ).

Green Oleo S.P.A. has announced an update on its share buyback program, initiated in May 2024, with the recent purchase of 4,500 shares, representing 0.014% of its share capital. This strategic move, executed through Corporate Family Office SIM S.p.A., is part of the company’s efforts to manage its capital structure effectively and potentially enhance shareholder value.

More about Green Oleo S.P.A.

Green Oleo S.P.A., established in 2012 and based in Cremona, is a leading European producer of fine oleochemicals derived from renewable and biodegradable sources. The company specializes in producing a variety of oleochemical products such as distilled fatty acids, stearic acids, oleic acid, glycerines, and esters, using raw materials like acid oils and animal fat. These products serve industries including detergents, elastomers, candles, paints, rubber, tires, personal care, and cosmetics.

YTD Price Performance: -15.22%

Average Trading Volume: 13,669

Technical Sentiment Signal: Buy

Current Market Cap: €25.23M

Find detailed analytics on GRN stock on TipRanks’ Stock Analysis page.

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