TORM Announces Director’s Share Transaction

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TORM Announces Director’s Share Transaction

Torm ( (TRMD) ) has issued an update.

On April 1, 2025, TORM plc announced a transaction involving the sale of 2,700 shares by Homlungen AS, a company owned by board member Annette Malm Justad, at a price of DKK 114.00 per share, totaling DKK 307,800. This transaction, conducted on Nasdaq Copenhagen, reflects the ongoing management of securities by TORM’s directors and executive officers, potentially impacting stakeholder perceptions and market dynamics.

More about Torm

TORM is a leading global carrier of refined oil products, operating a fleet of product tanker vessels with a focus on safety, environmental responsibility, and customer service. Founded in 1889, TORM conducts business worldwide and is listed on Nasdaq in Copenhagen and New York.

YTD Price Performance: -12.62%

Average Trading Volume: 1,121,998

Technical Sentiment Signal: Buy

Current Market Cap: $1.6B

Find detailed analytics on TRMD stock on TipRanks’ Stock Analysis page.

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