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BlackRock Lowers Stake in Golden Ocean Group

BlackRock Lowers Stake in Golden Ocean Group

Golden Ocean Group (GOGL) has released an update.

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BlackRock, Inc. has adjusted its holdings in Golden Ocean Group Limited, falling below the 5% threshold for both shares and voting rights as of September 20, 2024. The notification details a disposal of shares or voting rights, resulting in a decrease in BlackRock’s total investment in the company. This change in major holdings could indicate a strategic shift by the investment firm regarding its position in Golden Ocean Group.

For further insights into GOGL stock, check out TipRanks’ Stock Analysis page.

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