TORM Announces Capital Increase Following LR2 Vessel Delivery and RSU Exercise
TORM plc announced a capital increase of 2,395,426 Class A common shares on November 12, 2025. This increase is due to the delivery of an LR2 vessel and the exercise of Restricted Stock Units (RSUs). The new shares will be listed on Nasdaq Copenhagen after a 40-day lock-up period. This move aims to enhance TORM's capital structure and operational flexibility. TORM is a global carrier of refined oil products, with shares listed on Nasdaq in Copenhagen and New York.
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Torm ( (TRMD) ) has shared an announcement.
On November 12, 2025, TORM plc announced an increase in its share capital by 2,395,426 Class A common shares. This increase is linked to the delivery of one LR2 vessel and the exercise of Restricted Stock Units as part of TORM’s incentive program. The capital increase reflects the issuance of 748,569 shares due to the vessel delivery and 1,646,857 shares from the exercise of RSUs. The newly issued shares are subject to a 40-day lock-up period and will be listed on Nasdaq Copenhagen. This move enhances TORM’s capital structure, potentially strengthening its market position and providing more flexibility in operations.
The most recent analyst rating on (TRMD) stock is a Sell with a DKK89.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM is a leading global carrier of refined oil products, operating a fleet of product tanker vessels. The company is committed to safety, environmental responsibility, and customer service. Founded in 1889, TORM conducts business worldwide and its shares are listed on Nasdaq in Copenhagen and New York.
Average Trading Volume: 191,833
Current Market Cap: DKK14.6B
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