- Golden Ocean Group Ltd (NASDAQ:GOGL) Board of Directors has authorized a share buy-back program of $100 million.
- Under the approval, the company can buy up to an aggregate of 10 million of its shares for a period of up to 12 months, commencing October 4, 2022.
- The maximum amount to be paid per share is $10, or equivalent in NOK for shares acquired at Oslo Stock Exchange.
- The share buy-backs will be carried out through repurchases in the market, both on the Oslo Stock Exchange and NASDAQ.
- Golden held cash and equivalents of $168.3 million as of June 30, 2022.
- Price Action: GOGL shares are trading higher by 3.06% at $8.41 in premarket on the last check Wednesday.
Recap: JinkoSolar Holding Co Q1 Earnings
Shares of JinkoSolar Holding Co (NYSE:JKS) decreased 2.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 76.92% over the past year to $0.15, which beat the estimate of ($0.02).
