Ireland-based NTR plans to reduce its stake in Green Plains Renewable Energy (GPRE) to 3.5% from...

|About: Green Plains Inc. (GPRE)|By:, SA News Editor

Ireland-based NTR plans to reduce its stake in Green Plains Renewable Energy (GPRE) to 3.5% from 23% by selling shares back to the company. The buyback is contingent on the completion of a public offering of an additional 3M of NTR’s Green Plains shares by an underwriter. Shares of GPRE -7.8% premarket.