TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, naphtha, and diesel. As of March 1, 2021, it operated a fleet of approximately 80 vessels. The company was founded in 1889 and is based in London, the United Kingdom.
IPO Year:
Exchange: NASDAQ
Website: torm.com
| 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)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
SCHEDULE 13D/A - TORM plc (0001655891) (Subject)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
H.C. Wainwright initiated coverage of TORM plc with a rating of Buy and set a new price target of $14.00
HELLERUP, Denmark, April 16, 2025 /PRNewswire/ -- TORM plc (the "Company") (TRMD) announces that all the resolutions set out in the notice of the Annual General Meeting dated 17 March 2025 were duly passed on a poll at today's Annual General Meeting. The result of the poll is illustrated below. Eligible votes (for Resolutions 1, 2, 3, 4,9,10 and 11) 97,770,844 Voted total (excl. C-Share) 60,652,602 Voted total (%) 62.04 Eligible votes (for Resolutions 5,6,7 and 8) 447,770,844 Voted total (incl. C-Share) 410,652,602 Voted total (%) 91,71 Ordinary Resolutions Vote type Voted Voted (%) % of total voting rights 1. To adopt the Annual Report and Accounts 2024 For Against Withheld* 4
HELLERUP, Denmark, April 11, 2025 /PRNewswire/ -- Following exercise of 365,096 original RSUs granted in the 2022 Long Term Incentive Program and the 2023 Retention Program, the Board of Directors has decided to grant certain employees ('Participants') adjustment RSUs to reflect the payment of dividend since the relevant grant date. The Participants will be granted a total of 148,027 RSUs in the form of restricted stock options. These adjustment RSUs will not be subject to further dividend adjustment and will have to be exercised within the same exercise window as they were issued. They will have a strike price of one U.S. cent. In addition, the Board of Directors has as part of a long-term
HELLERUP, Denmark, April 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD-A) ) has increased its share capital by 12,406 A-shares (corresponding to a nominal value of USD 124.06) 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 ot
HELLERUP, Denmark, March 24, 2025 /PRNewswire/ -- TORM plc has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 0.08/share 85,067 Aggregated information - Volume - Price 85,067 sh
HELLERUP, Denmark, March 21, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 262,294 A-shares (corresponding to a nominal value of USD 2,622.94) 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 othe
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
HELLERUP, Denmark, March 6, 2025 /PRNewswire/ -- In accordance with TORM plc's ("TORM") Remuneration Policy adopted by the Annual General Meeting of TORM plc on 14 April 2021, the Board of Directors has as part of a long-term incentive program decided to grant certain employees (the "Participants") Restricted Share Units ("RSUs") in the form of restricted stock options. The RSUs aim at incentivizing the Participants to seek to improve the performance of TORM and thereby the TORM share price for the mutual benefit of themselves and the shareholders of TORM. For 2025, the Participants will be granted a total of 1,326,087 RSUs and, subject to vesting, each RSU will entitle the holder to acquir
Reiterates Commitment to Delivering Shareholder Value Provides Important Context Regarding Engagement with Seatankers Recommends Shareholders Vote "FOR" All International Seaways Directors and All Other Proposals at Upcoming Annual Meeting International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW"), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement in response to the public letter released this morning by Famatown Finance Limited ("Seatankers"). The INSW Board of Directors and management team are committed to delivering value to all INSW shareholders. To that end, we
NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Senior executives from 29 shipping companies will participate on panels and presentations at Capital Link's 17th Annual International Shipping Forum on Monday, March 20, 2023, at the Metropolitan Club in New York City. The event is organized in partnership with Citi, and in cooperation with Nasdaq & NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The Forum will examine the macroeconomic issues that are shaping and transforming the international shipping markets today, featuring a comprehensive review and outlook of the various shipping markets
NEW YORK, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Senior executives from 30 shipping companies will participate on panels and presentations at Capital Link's 14th Annual New York Maritime Forum on Wednesday, September 21, 2022 at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq, NYSE, and The Port Authority of NY & NJ. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The Capital Link New York Maritime Forum (NYMF) is both an investment and an industry conference with a double objective: To provide an interactive platform for investors, financiers, cargo owners
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
HELLERUP, Denmark, April 11, 2025 /PRNewswire/ -- Following exercise of 365,096 original RSUs granted in the 2022 Long Term Incentive Program and the 2023 Retention Program, the Board of Directors has decided to grant certain employees ('Participants') adjustment RSUs to reflect the payment of dividend since the relevant grant date. The Participants will be granted a total of 148,027 RSUs in the form of restricted stock options. These adjustment RSUs will not be subject to further dividend adjustment and will have to be exercised within the same exercise window as they were issued. They will have a strike price of one U.S. cent. In addition, the Board of Directors has as part of a long-term
HELLERUP, Denmark, April 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD-A) ) has increased its share capital by 12,406 A-shares (corresponding to a nominal value of USD 124.06) 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 ot
HELLERUP, Denmark, March 21, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 262,294 A-shares (corresponding to a nominal value of USD 2,622.94) 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 othe
Reiterates Commitment to Delivering Shareholder Value Provides Important Context Regarding Engagement with Seatankers Recommends Shareholders Vote "FOR" All International Seaways Directors and All Other Proposals at Upcoming Annual Meeting International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW"), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement in response to the public letter released this morning by Famatown Finance Limited ("Seatankers"). The INSW Board of Directors and management team are committed to delivering value to all INSW shareholders. To that end, we
TORM plc (“TORM”) increases its share capital by 24,811 A-shares (corresponding to a nominal value of USD 248.11) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares have been subscribed for in cash at DKK 43.4 per A-share with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special rights and are negotiable instruments. The new shares give right to dividends and other rights in relation to TORM as of the date of issuance. The new shares are expected to be admitted to trading and official listing on Na
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)