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Torm ( (TRMD) ) has shared an announcement.
On September 3, 2025, TORM plc announced that Hafnia Limited has agreed to purchase approximately 14.1 million Class A shares from Oaktree Capital Management, representing about 14.45% of TORM’s issued share capital, for a total of USD 311,433,342. This transaction, subject to a definitive agreement and regulatory approvals, could significantly impact TORM’s shareholder structure and market positioning.
The most recent analyst rating on (TRMD) stock is a Hold with a DKK146.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM is a leading global carrier of refined oil products, operating a fleet of product tanker vessels with a strong emphasis on safety, environmental responsibility, and customer service. Founded in 1889, TORM conducts business worldwide and is listed on Nasdaq in Copenhagen and New York.
Average Trading Volume: 266,695
Current Market Cap: DKK13.44B
Find detailed analytics on TRMD stock on TipRanks’ Stock Analysis page.