Golden Ocean Group
oslo : GOGL

September 26, 2011 11:53 ET

GOGL - Repurchase of shares

HAMILTON, BERMUDA--(Marketwire - Sep 26, 2011) -



Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that the Company has, on September 26, purchased 550,000 of the Company's own common stocks. The shares have been bought on the Oslo Stock Exchange at an average price of NOK 3.94 per share. After this transaction Golden Ocean holds a total of 900,000 own shares.


The transaction is part of the share buyback program announced on September 5, 2011.



Hamilton, Bermuda September 26, 2011




This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golden Ocean Group via Thomson Reuters ONE

[HUG#1550005]

Contact Information

  • Geir Karlsen
    CFO
    Phone: +47 23 11 40 15