Torm ( (TRMD) ) has shared an announcement.
On April 7, 2025, TORM plc announced transactions involving its securities by directors and executive officers, including Jacob Balslev Meldgaard, CEO and Executive Director. The transactions, which took place on April 3, 4, and 7, 2025, involved the purchase of 30,603 shares on Nasdaq Copenhagen, totaling DKK 3,003,119.74. This announcement highlights the active involvement of TORM’s leadership in the company’s financial activities, potentially impacting stakeholder confidence and market perception.
More about Torm
TORM is a leading global carrier of refined oil products, operating a fleet of product tanker vessels with a strong 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: -25.95%
Average Trading Volume: 1,114,274
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.35B
For an in-depth examination of TRMD stock, go to TipRanks’ Stock Analysis page.