TORM plc issues 97,089 new shares after RSU exercise, raising share capital to $1.03M

TORM plc increased its share capital by issuing 97,089 new Class A shares following the exercise of Restricted Share Units (RSUs). The shares were subscribed for cash at prices between DKK 124.20 and DKK 179.80 per share, raising the total share capital to USD 1,026,507.77 divided into over 102 million shares. These new shares carry standard rights, including voting and dividends, and will be listed on Nasdaq Copenhagen. This capital increase supports TORM's ongoing incentive program and reflects its commitment to shareholder value and operational growth in the refined oil product shipping sector.

TORM plc shares trade at USD 34.72 on Pluang as of Sep 24, 2026 15:11 WIB, showing a 0.86% gain in one day. The stock's market cap stands at $3.65 billion with a dividend yield of 12.76%. Despite recent capital increases, investor sentiment on Pluang leans slightly toward selling, with 57% sell orders and 43% buy orders.