TORM Increases Share Capital Following Incentive Program

Torm ( (TRMD) ) just unveiled an update.

On May 19, 2025, TORM plc announced an increase in its share capital by 151,581 Class A common shares due to the exercise of Restricted Stock Units as part of its incentive program. This capital increase, which does not grant pre-emption rights to existing shareholders, reflects TORM’s strategic efforts to enhance its market position and operational flexibility. The new shares are expected to be listed on Nasdaq Copenhagen, potentially impacting the company’s trading dynamics and shareholder value.

The most recent analyst rating on (TRMD) stock is a Buy with a DKK137.00 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 commitment to 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: -11.59%

Average Trading Volume: 340,364

Current Market Cap: DKK11.59B

See more data about TRMD stock on TipRanks’ Stock Analysis page.