Green Oleo Updates on Share Buyback Program

An announcement from Green Oleo S.P.A. ( (IT:GRN) ) is now available.

Green Oleo has announced an update on its share buyback program, purchasing 10,500 shares, equivalent to 0.032% of its share capital, at an average price of 0.7500 euros per share. This initiative, part of a broader strategy approved by shareholders, is aimed at enhancing shareholder value and reflects the company’s confidence in its market positioning and future prospects.

The most recent analyst rating on (IT:GRN) stock is a Buy with a EUR2.00 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. is a leading European producer of fine oleochemicals from renewable and biodegradable sources, based in Cremona. Established in 2012, the company utilizes raw materials such as olive oil acids and animal fat to produce products like distilled fatty acids, stearic acids, and glycerines. Their products serve various industrial sectors including detergents, elastomers, and cosmetics.

Average Trading Volume: 13,441

Technical Sentiment Signal: Sell

Current Market Cap: €24.26M

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