TORM increases share capital after RSU exercises
The company issued 215,635 new A-shares to settle vested restricted share units as part of the incentive program.
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Owner and operator of product tankers
torm.comLast updated
In short: TORM reported strong Q1 2026 financial results, expanded its fleet with new tanker acquisitions, and raised its full-year earnings guidance.
The company issued 215,635 new A-shares to settle vested restricted share units as part of the incentive program.
EBITDA rose to USD 201m, net profit USD 122m, and dividend set at USD 0.70 per share.
This upgrade from BBB reflects greater transparency and progress under tougher methodology, with score improving from 5.6 to 6.1. TORM commits to further improvements.
The company credits progress to One TORM culture, mindset, and behavior changes across departments and vessels. It targets 43% reduction in 2025 and 45% by 2030.
On May 28, 2026, TORM PLC (TRMD) shares fell 6.2% to a current price of $27.95, continuing a trend of price declines with an 11.9...
Chief executive Mikael Skov said that this holding "has contributed meaningfully to our overall financial performance." Hafnia has booked $9.9m in dividend income from Torm...
We wouldn't blame TORM plc ( CPH:TRMD A ) shareholders if they were a little worried about the fact that Jacob...
TORM increases share capital through RSU exercise...
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