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Torm ( (TRMD) ) just unveiled an announcement.
On March 16, 2026, TORM plc increased its share capital through the issuance of 106,468 new Class A shares following the exercise of an equal number of restricted share units under its incentive program. The new shares, issued without pre-emptive rights at subscription prices of DKK 131.80 and DKK 148.70, are ordinary voting shares that are expected to be admitted to trading on Nasdaq Copenhagen and bring TORM’s total share capital to 102,037,109 Class A shares as confirmed in a corrected announcement on March 17, 2026.
The company also reported March 17, 2026 transactions in its securities by directors, executive officers and related parties, reflecting ongoing insider activity within the capital structure. These developments modestly expand TORM’s equity base, align management incentives with shareholders and provide updated, clarified disclosure to the market on its outstanding share count and insider dealings.
The most recent analyst rating on (TRMD) stock is a Buy with a DKK34.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM plc is one of the world’s leading carriers of refined oil products, operating a global fleet of product tankers with a strong focus on safety, environmental responsibility and customer service. Founded in 1889, the company conducts business worldwide and its shares are listed on Nasdaq Copenhagen and Nasdaq New York under the tickers TRMD A and TRMD.
Average Trading Volume: 254,197
Current Market Cap: DKK16.34B
Find detailed analytics on TRMD stock on TipRanks’ Stock Analysis page.