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Date | Price Target | Rating | Analyst |
---|---|---|---|
4/12/2022 | $14.00 | Buy | H.C. Wainwright |
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
HELLERUP, Denmark, June 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 11,236 A-shares (corresponding to a nominal value of USD 112.36) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable U.S. securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other r
HELLERUP, Denmark, June 3, 2025 /PRNewswire/ -- TORM (NASDAQ:TRMD) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in advanced marine and energy equipment. Longstanding Partnership Becomes Full Ownership TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM's initial acquisition of a 75% ownership stake in 2022, and now TORM has full ownership of MEP. The two companies have maintained a close, productive collaboration since 2018, when
HELLERUP, Denmark, May 22, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) (NASDAQ:TRMD) (the Company) is pleased to announce that pursuant to an order issued by the High Court of Justice in England and Wales (the Court) dated 13 May 2025 confirming the reduction of the share premium account of TORM plc in the sum of USD180m (the Capital Reduction) (the Order), the Order and a statement of capital approved by the Court were duly registered by the Registrar of Companies on 15 May 2025. As part of the Order, the Court also approved the cancellation of 493,371 A-shares previously held as Treasury Shares (the Cancellation). Accordingly, following the registration of the Order at the Registrar of Com
H.C. Wainwright initiated coverage of TORM plc with a rating of Buy and set a new price target of $14.00
HELLERUP, Denmark, June 3, 2025 /PRNewswire/ -- TORM (NASDAQ:TRMD) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in advanced marine and energy equipment. Longstanding Partnership Becomes Full Ownership TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM's initial acquisition of a 75% ownership stake in 2022, and now TORM has full ownership of MEP. The two companies have maintained a close, productive collaboration since 2018, when
HELLERUP, Denmark, March 17, 2025 /PRNewswire/ -- Please find enclosed formal notice of, and full details of the business to be proposed at, the Annual General Meeting ("AGM") of TORM plc to be held at noon (London time) on Wednesday, 16 April 2025. Contacts:Christopher H. Boehringer, Chairman, tel.: +45 3917 9200Jacob Meldgaard, Chief Executive Officer and Executive Director, tel.: +45 3917 9200Christopher Everard, General Manager, tel.: +44 7920 494 853Kim Balle, Chief Financial Officer, tel.: +45 3917 9200 About TORM TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of approximately 90 product tanker vessels with a strong commitment to safety, en
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
HELLERUP, Denmark, June 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 11,236 A-shares (corresponding to a nominal value of USD 112.36) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable U.S. securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other r
HELLERUP, Denmark, May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 151,581 A-shares (corresponding to a nominal value of USD 1,515.81) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other
HELLERUP, Denmark, April 28, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 18,769 A-shares (corresponding to a nominal value of USD 187.69) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other r