Welcome to our dedicated page for Torm news (Ticker: TRMD), a resource for investors and traders seeking the latest updates and insights on Torm stock.
TORM plc operates a global product tanker fleet that transports refined oil products, including gasoline, jet fuel, naphtha and diesel. Company news commonly covers fleet and shipping-market disclosures alongside governance actions for an issuer whose A-shares trade on Nasdaq Copenhagen and Nasdaq New York.
Recurring updates include annual general meeting notices and voting results, dividend and capital-return policy references, share-capital increases tied to Restricted Share Units, long-term incentive program grants, director and executive securities transactions, and major-shareholder announcements under Danish capital-market rules.
TORM (NASDAQ: TRMD) increased its share capital by 28,144 A-shares through the exercise of Restricted Share Units from its incentive program. The new shares were subscribed in cash at prices of DKK 127.30, 139.90 and 195.50 per A-share.
After the capital increase, total share capital is USD 1,023,671.18, divided into 102,367,118 A-shares of nominal USD 0.01 each, with one vote per share. The new shares are ordinary, dividend‑entitled and are expected to be listed on Nasdaq Copenhagen.
TORM (NASDAQ: TRMD, TRMD A) reported insider transactions by CEO and executive director Jacob Balslev Meldgaard. He exercised 170,133 restricted share units in TORM shares (ISIN: GB00BZ3CNK81) on 20 May 2026 for DKK 23,495,361 outside a trading venue.
Meldgaard also sold an aggregated 549,177 shares on Nasdaq Copenhagen on 18 and 20 May 2026 at prices around DKK 205–207 per share, for total proceeds of DKK 112,829,967.
TORM (NASDAQ: TRMD, TRMD A) increased its share capital on May 20, 2026 through the exercise of Restricted Share Units. A total of 215,635 new A-shares were issued with a nominal value of USD 2,156.35.
According to TORM, 14,206 shares were subscribed at DKK 0.07 per share, 85,067 at DKK 131.80, and 116,362 at DKK 144.40. The capital increase was executed without pre-emption rights. After the transaction, share capital totals USD 1,023,389.74, divided into 102,338,974 A-shares of USD 0.01 each.
TORM (NASDAQ: TRMD) reported strong Q1 2026 results driven by high freight rates. Time charter equivalent earnings were USD 286m, EBITDA USD 201m, and net profit USD 122m, with ROIC of 18% and EPS of USD 1.21.
The board approved a USD 0.70 per-share interim dividend (USD 72m, 58% payout) with payment on 11 June 2026. TORM is expanding its fleet toward 103 vessels and upgraded 2026 guidance to TCE of USD 1,150–1,450m and EBITDA of USD 800–1,100m.
TORM plc (A) held its Annual General Meeting on 15 April 2026 where all resolutions were passed on a poll with 52.83% turnout (53,955,672 votes of 102,123,339 eligible).
Notable outcomes: Annual Report approved, auditor reappointed, buyback resolutions passed (Contract A: 99.59% for; Contract B: 73.30% for), and the Board confirmed quarterly dividend policy and a Q4 interim dividend paid 25 March 2026.
The Board noted >20% votes against Resolutions 2, 3 and 12 and will consult shareholders to understand concerns.
TORM plc (NASDAQ: TRMD A) increased share capital by 43,697 A-shares following exercise of Restricted Share Units on March 31, 2026. 10,634 shares were subscribed at DKK 131.80 and 33,063 at DKK 148.70. Post-issue share capital is USD 1,021,233.39 across 102,123,339 A-shares.
New shares are ordinary, carry dividend and voting rights from issuance, and are expected to list on Nasdaq Copenhagen as soon as possible.
TORM plc (NASDAQ: TRMD A) increased its share capital by 42,533 A-shares following exercise of Restricted Share Units on March 24, 2026. The new shares were subscribed in cash at DKK 148.70 and correspond to a nominal value of USD 425.33.
After the issue, share capital totals USD 1,020,796.42, divided into 102,079,642 A-shares with a nominal value of USD 0.01 each. The shares carry one vote and are expected to be admitted to trading on Nasdaq Copenhagen.
TORM plc (A / NASDAQ: TRMD A) disclosed a director transaction dated 12 March 2026. CEO and executive director Jacob Balslev Meldgaard sold 223,555 shares of TORM ordinary shares (ISIN GB00BZ3CNK81) on Nasdaq Copenhagen at DKK 163.46 per share, aggregating to DKK 36,451,115. The notification was filed as an initial notification. Investor relations contact: Mikael Bo Larsen.
TORM plc (NASDAQ: TRMD / TRMD A) increased its share capital by 106,468 A-shares following exercise of Restricted Share Units (RSUs), corresponding to a nominal value of USD 1,064.68. A total of 34,880 shares were subscribed at DKK 131.80 and 71,588 at DKK 148.70.
The new ordinary A-shares carry voting and dividend rights as of issuance, are negotiable instruments, and are expected to be listed on Nasdaq Copenhagen as soon as possible. Transfer restrictions may apply in some jurisdictions, including U.S. securities law. After the increase, share capital totals USD 1,019,306.41 divided into 101,930,641 A-shares.
TORM plc (NASDAQ: TRMD, TRMD A) announced on March 9, 2026 that Oaktree Capital Group Holdings GP, LLC notified the company that OCM Njord Holdings S.à r.l. holds 23,839,575 shares, representing 23.39% of TORM's total share capital and voting rights.
The disclosure was made under section 30 of the Danish Capital Markets Act and names the investor and the exact stake size.