- Golden Ocean Group Ltd (NASDAQ:GOGL) Board of Directors has authorized a share buy-back program of $100 million.
- Under the approval, the company can buy up to an aggregate of 10 million of its shares for a period of up to 12 months, commencing October 4, 2022.
- The maximum amount to be paid per share is $10, or equivalent in NOK for shares acquired at Oslo Stock Exchange.
- The share buy-backs will be carried out through repurchases in the market, both on the Oslo Stock Exchange and NASDAQ.
- Golden held cash and equivalents of $168.3 million as of June 30, 2022.
- Price Action: GOGL shares are trading higher by 3.06% at $8.41 in premarket on the last check Wednesday.
Costco’s Surprisingly Strong June Comp Signals High Member Loyalty And Effective Strategy, Says Analyst
Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on the shares of Costco Wholesale Corporation (NASDAQ: COST) and raised the
