Golden Ocean Group has made its first repurchases under its share buyback programme by repurchasing 250,000 of its securities for roughly $2.4m.
The bulker owner, in which John Fredriksen is the largest shareholder, announced in October a plan to buy back up to $100m of its shares over the following 12 months.
It said on Monday it has bought 100,000 shares on the Oslo Stock Exchange at an average price of NOK 79.37
