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The latest announcement is out from Torm ( (TRMD) ).
On June 4, 2025, TORM plc announced an increase in its share capital by 11,236 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 positioning and provide additional value to its stakeholders. The new shares are expected to be listed on Nasdaq Copenhagen, further integrating them into the company’s financial framework.
The most recent analyst rating on (TRMD) stock is a Buy with a DKK48.00 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.
Average Trading Volume: 321,293
Current Market Cap: DKK10.72B
For a thorough assessment of TRMD stock, go to TipRanks’ Stock Analysis page.