(Alliance News) - Green Oleo Spa announced Tuesday that the shareholders' meeting approved the fiscal year 2023 budget and also expanded the board of directors, setting the number of members at 5 and appointing Raffaella Bianchessi, who serves as the company's Chief Financial Officer and Investor Relations Manager, and Barbara Ricciardi.

The new directors will expire together with those currently in office and, therefore, on the date of approval of the financial statements for the year ending Dec. 31, 2025.

The company also announced that the shareholders' meeting approved the launch of a new share buyback plan for a maximum value of EUR800,000.

Green Oleo is flat at EUR0.95 per share.

By Claudia Cavaliere, Alliance News reporter

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