Torm A/S (DK:TRMD.A) has released an update.
TORM plc has announced a capital increase from the exercise of Restricted Share Units, issuing 255,200 A-shares without pre-emption rights for current shareholders. The new shares are expected to be listed on Nasdaq Copenhagen and will bring the total share capital to USD 937,163.23. This move comes as part of TORM’s incentive program and reflects their continued commitment to growth and shareholder value.
For further insights into DK:TRMD.A stock, check out TipRanks’ Stock Analysis page.
