Reference is made to the stock announcement on October 4, 2022, where Golden
Ocean Group Limited (OSE/NASDAQ: GOGL) announced the commencement of its share
buy-back program of maximum USD 100 million to purchase up to an aggregate of
10,000,000 of the company's common shares in a 12-month period from the
announcement.
Golden Ocean Group Limited ("GOGL" or the "Company") announces that the Company
has during the period 29 June 2023 to 7 July 2023, purchased 95,000 of the
Company's own common stocks. 58,000 of the shares have been bought on the Oslo
Stock Exchange at an average price of NOK 78.81 per share and 37,000 of the
shares have been bought on Nasdaq at an average price of USD 7.44 per share.
Following the completion of the above transactions, GOGL owns a total of
1,757,328 of own shares, corresponding to 0.87 % of the Company's share capital.
An overview of all transactions made under the buy-back program that have been
carried out during the above-mentioned date is attached to this report and
available at www.newsweb.no.
July 10, 2023
Hamilton, Bermuda
For more info please contact:
Peder Simonsen, Chief Financial Officer of Golden Ocean Management AS.
Telephone +47 22 01 73 40
This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.
Forward-looking statements: This release and any materials distributed in
connection with this release may contain certain forward-looking statements. By
their nature, forward-looking statements involve risk and uncertainty because
they reflect the Company's current expectations and assumptions as to future
events and circumstances that may not prove accurate. A number of material
factors could cause actual results and developments to differ materially from
those expressed or implied by these forward-looking statements.
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