Torm (TRMD) has released an update.
TORM plc has increased its share capital by 352,152 shares following the delivery of a newly acquired MR vessel, part of a larger purchase of eight second-hand vessels. The new shares are set to be listed on Nasdaq Copenhagen and are subject to a 40-day lock-up period outside the United States. This move raises TORM’s share capital to USD 960,064.89, enhancing its presence in the stock market.
For further insights into TRMD stock, check out TipRanks’ Stock Analysis page.
