Golden Ocean Group (Golden Ocean Group) Buyback Yield % : 0.28 (As of May. 15, 2024)

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What is Golden Ocean Group Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Golden Ocean Group's current buyback yield was 0.28%.

Golden Ocean Group Buyback Yield % Historical Data

The historical data trend for Golden Ocean Group's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Golden Ocean Group Buyback Yield % Chart

Golden Ocean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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0.66

-18.90

0.19

0.43

Golden Ocean Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buyback Yield %	Get a 7-Day Free Trial															-	0.11	1.84	0.23	-

Competitive Comparison of Golden Ocean Group's Buyback Yield %

For the Marine Shipping subindustry, Golden Ocean Group's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Golden Ocean Group's Buyback Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's Buyback Yield % falls into.

Golden Ocean Group Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Golden Ocean Group's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-8.357	+	0)	/	1948.36928
	=	0.43%

Golden Ocean Group's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.001	+	0)	*	4	/	1948.36928
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Dec. 2023) data.

Golden Ocean Group Buyback Yield % Related Terms

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Golden Ocean Group (Golden Ocean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

GOGLo:Sweden GOGL:Norway GOGLo:UK 0RII:UK KT31:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08

Website

https://www.goldenocean.bm

Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.