Torm (TRMD) has released an update.
TORM, a leading refined oil products carrier, has granted 2,671 Restricted Share Units (RSUs) to employees as part of an incentive program, adjusting for dividends since the original grant of 24,812 RSUs in 2021 and 2022. These new shares, which will be admitted to Nasdaq Copenhagen, come with no special rights but confer the same shareholder privileges as other ordinary shares from the date of issuance. The move aims to incentivize and retain employees while aligning their interests with those of the company and its shareholders.
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