Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Torm ( (TRMD) ) is now available.
On March 31, 2026, TORM plc announced a modest increase in its share capital following the exercise of 43,697 Restricted Share Units under its incentive program. The move underscores the company’s ongoing use of equity-based compensation to align management and employee interests with shareholders.
The capital increase, executed without pre-emption rights for existing shareholders, adds 43,697 new A-shares subscribed in cash at two strike prices and brings total share capital to USD 1,021,233.39 divided into 102,123,339 A-shares. The new ordinary shares carry full dividend and voting rights from issuance and are expected to be admitted to trading and official listing on Nasdaq Copenhagen shortly, slightly diluting existing holders but reinforcing the firm’s incentive structure.
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 tanker vessels with a focus on safety, environmental responsibility and customer service. Founded in 1889, the company conducts business worldwide and is dual-listed on Nasdaq Copenhagen and Nasdaq New York under the tickers TRMD A and TRMD.
Average Trading Volume: 255,977
Current Market Cap: DKK18.34B
Learn more about TRMD stock on TipRanks’ Stock Analysis page.