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Golden Ocean Group ( (GOGL) ) just unveiled an announcement.
Golden Ocean Group Limited has announced a merger with CMB.TECH NV, aiming to complete the process shortly after a special general meeting scheduled for August 2025. As part of the merger preparations, Golden Ocean is changing its registrar in Euronext Securities Oslo to facilitate the transfer and settlement of shares, which will temporarily halt conversion services for shareholders.
The most recent analyst rating on (GOGL) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Golden Ocean Group stock, see the GOGL Stock Forecast page.
More about Golden Ocean Group
Golden Ocean Group Limited operates in the shipping industry, primarily focusing on the transportation of dry bulk commodities. The company is listed on NASDAQ and Euronext Oslo Børs, indicating its significant presence in the global shipping market.
Average Trading Volume: 2,460,996
Technical Sentiment Signal: Hold
Current Market Cap: $1.73B
Learn more about GOGL stock on TipRanks’ Stock Analysis page.