Torm ( (TRMD) ) has issued an update.
On April 4, 2025, TORM plc announced an increase in its share capital by 12,406 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 ongoing efforts to enhance its financial structure and market presence, with the new shares expected to be listed on Nasdaq Copenhagen.
More about Torm
TORM is a leading global carrier of refined oil products, operating a fleet of product tanker vessels with a strong emphasis on 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: -20.52%
Average Trading Volume: 1,105,699
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.5B
See more data about TRMD stock on TipRanks’ Stock Analysis page.