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CMB.TECH Bermuda Increases Stake in Golden Ocean Group

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CMB.TECH Bermuda Increases Stake in Golden Ocean Group

Golden Ocean Group ( (GOGL) ) just unveiled an update.

CMB.TECH Bermuda Ltd., a subsidiary of CMB.TECH NV, has acquired over 2.1 million shares in Golden Ocean Group Limited for approximately USD 17.61 million. This acquisition increases CMB.TECH Bermuda’s stake to 46.63% of Golden Ocean’s issued share capital, potentially strengthening its influence in the company and impacting its strategic direction.

More about Golden Ocean Group

YTD Price Performance: -4.66%

Average Trading Volume: 3,524,524

Technical Sentiment Signal: Buy

Current Market Cap: $1.66B

See more data about GOGL stock on TipRanks’ Stock Analysis page.

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