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Golden Ocean Group Limited - GOGL STOCK NEWS

Welcome to our dedicated page for Golden Ocean Group news (Ticker: GOGL), a resource for investors and traders seeking the latest updates and insights on Golden Ocean Group stock.

Golden Ocean Group Limited (NASDAQ: GOGL, OSE: GOGL) is a Bermuda-based dry bulk shipping company specializing in the transportation of dry bulk cargo such as ores, coal, grains, and fertilizers. Operating under the international trade and development sector, the company is headquartered in Madrid, Spain. Golden Ocean Group leverages a robust fleet comprised of owned and chartered vessels, including bareboat vessels and commercial management vessels. These vessels are chartered out on both fixed-rate time charters and index-linked time charter contracts, ensuring flexibility and adaptability in various market conditions.

In recent developments, the company announced the appointment of Mr. Cato Stonex as Director. Additionally, Golden Ocean Group has been transparent with its financial performance, presenting its fourth quarter 2023 results in a webcast and conference call. The company's annual report for the year ended December 31, 2023, has been filed with the U.S. Securities and Exchange Commission and is accessible through their website. Shareholders can also request a hard copy of the report which includes the complete audited financial statements for 2023.

Looking ahead, Golden Ocean Group has scheduled its 2024 Annual General Meeting for April 29, 2024, with the associated information and financial statements available on their website. The company has also released its first-quarter 2024 results, offering insights through another webcast and conference call.

In a significant leadership change, Lars-Christian Svensen, the Chief Executive Officer of Golden Ocean Management AS, has stepped down to pursue new opportunities. The company's Chief Financial Officer, Peder Simonsen, has been appointed as the Interim CEO and CFO. The Board expressed their gratitude for Mr. Svensen's contributions and leadership, wishing him success in his future endeavors.

Rhea-AI Summary
Golden Ocean Group Limited will publish its Q2 2023 financial results on August 29, 2023. A conference call and webcast will be held at 3:00 P.M. CEST on the same day. Q&A session will be available. Visit www.goldenocean.bm for more information.
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Golden Ocean Group Limited (GOGL) has announced the purchase of 45,000 of its own common stocks as part of its share buy-back program. 30,000 shares were bought on the Oslo Stock Exchange at an average price of NOK 74.52 per share, and 15,000 shares were bought on Nasdaq at an average price of USD 7.44 per share. Following these transactions, GOGL now owns a total of 1,812,328 of its own shares, corresponding to 0.90% of the Company's share capital.
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Golden Ocean Group Limited (GOGL) Commences $100 Million Share Buy-Back Program, Purchases 10,000 Common Shares at NOK 78.59 Each
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Golden Ocean Group Limited has announced the completion of its share buy-back program, purchasing 95,000 of its own common stocks. The company now owns a total of 1,757,328 of its own shares, corresponding to 0.87% of the Company’s share capital.
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CFO Peder Simonsen to present Golden Ocean Group Limited at Marine Money Week in New York
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FAQ

What is the current stock price of Golden Ocean Group (GOGL)?

The current stock price of Golden Ocean Group (GOGL) is $8.71 as of December 20, 2024.

What is the market cap of Golden Ocean Group (GOGL)?

The market cap of Golden Ocean Group (GOGL) is approximately 1.7B.

What does Golden Ocean Group Limited do?

Golden Ocean Group Limited is a Bermuda-based dry bulk shipping company specializing in the transportation of dry bulk cargo such as ores, coal, grains, and fertilizers.

Where is Golden Ocean Group Limited headquartered?

Golden Ocean Group Limited's headquarters is located in Madrid, Spain.

What recent leadership changes have occurred at Golden Ocean Group Limited?

Lars-Christian Svensen, the CEO of Golden Ocean Management AS, has stepped down, and Peder Simonsen has been appointed as the Interim CEO and CFO.

How can shareholders access the latest annual report?

Shareholders can access the latest annual report through the company's website or request a hard copy from the Investor Relations department.

When is Golden Ocean Group Limited's next Annual General Meeting?

The next Annual General Meeting is scheduled for April 29, 2024.

What type of cargo does Golden Ocean Group Limited transport?

The company transports dry bulk cargo, including ores, coal, grains, and fertilizers.

How does Golden Ocean Group Limited manage its fleet?

The company manages its fleet through a combination of owned and chartered vessels, including bareboat vessels and commercial management vessels.

What type of charter contracts does Golden Ocean Group use?

Golden Ocean Group uses both fixed-rate time charters and index-linked time charter contracts for its vessels.

Who recently joined the Board of Directors?

Mr. Cato Stonex was recently appointed as a Director on the Board of Golden Ocean Group Limited.

Where can investors find the company's financial presentations?

Investors can download the presentation materials from the company's website, www.goldenocean.bm.

Golden Ocean Group Limited

Nasdaq:GOGL

GOGL Rankings

GOGL Stock Data

1.73B
120.38M
39.55%
38.95%
2.25%
Marine Shipping
Industrials
Link
United States of America
Hamilton