Torm (TRMD) has released an update.
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TORM plc has announced a capital increase with the issue of 27,483 new A-shares at DKK 0.08 each, following the exercise of Restricted Share Units under its incentive program. The newly issued shares are expected to be traded on Nasdaq Copenhagen and come with full shareholder rights from the date of issuance. This move expands TORM’s share capital to USD 956,543.37, corresponding to over 95 million A-shares and special B and C shares with specific voting rights.
For further insights into TRMD stock, check out TipRanks’ Stock Analysis page.
