Golden Ocean Group ( (GOGL) ) just unveiled an announcement.
CMB.TECH Bermuda Ltd., a subsidiary of CMB.TECH NV, has acquired 4,606,390 shares in Golden Ocean Group Limited for approximately USD 37.5 million. This acquisition increases CMB.TECH Bermuda’s ownership to 48.9% of Golden Ocean’s issued share capital and 49.4% of the outstanding shares with voting rights, potentially strengthening its influence within the company.
More about Golden Ocean Group
YTD Price Performance: -8.18%
Average Trading Volume: 3,606,286
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.61B
For detailed information about GOGL stock, go to TipRanks’ Stock Analysis page.