Golden Ocean Advances Share Buy-back Program

Golden Ocean Group (GOGL) has released an update.

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Golden Ocean Group Limited has successfully repurchased 545,000 of its own shares as part of its ongoing buy-back program, which aims to purchase up to $100 million worth of shares. The recent acquisitions were made on both the Oslo Stock Exchange and Nasdaq, with the company now holding 1,707,328 shares, representing 0.85% of its share capital. This strategic move reflects the company’s commitment to enhancing shareholder value.

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

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