golden ocean group ltds board of directors has authorized a share repurchase program of 100 million to buy back up to an aggregate 10 million shares the company which owns and operates dry bulk vessels said the authorization is for up to 12 months beginning tuesday the maximum amount to be paid per share is 10 or the equivalent amount in norwegian krone for shares acquired at the oslo stock exchange the repurchases will be made in both the nasdaq and oslo stock exchange markets shares of golden ocean are down 27 to 816 in the past 12 months