Torm (TRMD) has released an update.
TORM plc, a leading carrier of refined oil products, announced a capital increase from the exercise of Restricted Share Units as part of its incentive program, resulting in the issuance of 26,938 new A-shares. These shares, expected to be listed on Nasdaq Copenhagen, contribute to a total share capital of USD 945,152.43, reinforcing the company’s commitment to growth and shareholder value. Despite potential market uncertainties and regulatory changes, TORM remains a significant player in the global transportation of petroleum products.
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