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Golden Ocean Group ( (GOGL) ) has shared an update.
Golden Ocean Group Limited has recently executed a share buy-back, acquiring 80,000 of its common shares on the Oslo Stock Exchange at an average price of NOK 99.15 per share, as part of a larger USD 100 million program. This transaction underscores the company’s commitment to optimizing capital structure and delivering value to its shareholders, holding now a total of 1,787,328 shares, which forms 0.89% of its share capital.
More about Golden Ocean Group
Golden Ocean Group Limited is a company operating in the maritime shipping industry, focusing on the transportation of dry bulk commodities. It is listed on the Oslo Stock Exchange and NASDAQ, with a strategic emphasis on enhancing shareholder value through financial maneuvers such as share buy-backs.
Average Trading Volume: 1,511,110
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.79B
For detailed information about GOGL stock, go to TipRanks’ Stock Analysis page.
