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Green Oleo Updates Share Buyback Program Progress

Story Highlights
  • Green Oleo S.P.A. is a leading European producer of oleochemicals from renewable sources.
  • The company purchased 3,000 shares in its buyback program, aiming to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Green Oleo S.P.A. ( (IT:GRN) ) has shared an announcement.

Green Oleo S.P.A. announced an update on its share buyback program, which commenced on April 29, 2025. Between May 5 and May 9, 2025, the company purchased 3,000 shares, representing 0.009% of its share capital, at an average price of 0.7450 euros per share. This initiative is part of a broader strategy approved by the shareholders to enhance shareholder value over an 18-month period. The buyback program is expected to impact the company’s financial structure positively and potentially increase investor confidence.

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., based in Cremona, is a prominent European producer of fine oleochemicals derived from renewable and biodegradable sources. Established in 2012, the company utilizes local raw materials, such as by-products from the food industry, to produce a variety of oleochemical products including distilled fatty acids, stearic acids, oleic acid, glycerines, and esters. These products serve industrial clients across sectors like detergents, elastomers, candles, paints, rubber, tires, personal care, and cosmetics.

Average Trading Volume: 12,120

Technical Sentiment Signal: Sell

Current Market Cap: €23.78M

Learn more about GRN stock on TipRanks’ Stock Analysis page.

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