tiprankstipranks
Trending News
More News >

Green Oleo Updates Share Buyback Program

Story Highlights

Confident Investing Starts Here:

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

Green Oleo S.P.A. announced an update on its share buyback program, revealing the purchase of 9,000 shares, which constitutes 0.028% of its share capital, at an average price of 0.7433 euros per share. This strategic move, executed through Corporate Family Office SIM S.p.A., is part of an 18-month program aimed at enhancing shareholder value and potentially strengthening the company’s market position.

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., established in 2012 and based in Cremona, is a leading European producer of fine oleochemicals from renewable and biodegradable sources. The company utilizes local raw materials, such as by-products from the food industry, to produce a range of oleochemical products including distilled fatty acids, stearic acids, oleic acid, glycerines, and esters. Green Oleo’s products serve various industrial sectors, including detergents, elastomers, candles, paints, rubber and tires, personal care, and cosmetics.

Average Trading Volume: 12,948

Technical Sentiment Signal: Sell

Current Market Cap: €24.42M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App