03:53 AM EST, 12/18/2024 (MT Newswires) -- Golden Ocean Group ( GOGL ) said Wednesday it has renewed its share buyback program, with a maximum value of $100 million to repurchase up to 10 million shares over the next 12 months.

Between Dec. 11 and Dec. 17, the company said it repurchased 545,000 shares, including 420,000 shares bought on the Oslo Stock Exchange and 125,000 shares bought on Nasdaq.

Following the transactions, the company now holes about 1.7 million of its shares.