Golden Ocean Group
oslo : GOGL

September 23, 2011 14:06 ET

GOGL - Repurchase of shares

HAMILTON, BERMUDA--(Marketwire - Sep 23, 2011) -


Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that is has through market purchases executed September 23, repurchased 350,000 of the Company's own common stocks. The shares have been bought on the Oslo Stock Exchange at an average price of NOK 4.03 per share. After this transaction Golden Ocean holds a total of 350,000 own shares.

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

Hamilton, Bermuda

September 23, 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#1549481]

Contact Information


  • For further information, please contact:
    Herman Billung:
    CEO
    Golden Ocean Management AS
    +47 22 01 73 41

    Birgitte Ringstad Vartdal:
    CFO
    Golden Ocean Management AS
    +47 22 01 73 53