Torm ( (TRMD) ) has issued an announcement.
On March 21, 2025, TORM plc announced an increase in its share capital by 262,294 Class A common shares, following the exercise of Restricted Stock Units. This capital increase, part of TORM’s incentive program, was executed without pre-emption rights for existing shareholders and is expected to enhance TORM’s market presence as the new shares will soon 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 focus 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: 5.83%
Average Trading Volume: 1,154,513
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.88B
For an in-depth examination of TRMD stock, go to TipRanks’ Stock Analysis page.
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