Christopher Boehringer has resigned from TORM's Board of Directors following Oaktree Capital Management and its affiliates ceasing to hold ownership in the company. Boehringer, who joined the board in 2015, was instrumental in supporting TORM through significant growth and transformation. The board expressed gratitude for his contributions and leadership. The current board now consists of five members, including Chair Simon Mackenzie Smith. This change marks a shift in TORM's governance as it continues its operations as a leading refined oil products carrier.
TORM plc's board change comes as the stock trades near its 52-week high on Pluang. The share price is USD 40.13 with a slight 0.17% gain and a dividend yield of 11.36%. These figures are current as of Oct 09, 2026, 14:21 WIB.
Njord Luxco, a major shareholder jointly controlled by entities under Brookfield Corporation, has sold all its shares and voting rights in TORM plc as of October 6, 2026. This marks a significant change in TORM's shareholder structure, potentially im...
TORM plc completed a secondary public offering of 6,329,874 Class A common shares by OCM Njord Holdings, a fund managed by Oaktree Capital. The selling shareholder no longer holds any Class A shares after the offering. TORM itself did not sell shares...
TORM plc has increased its share capital by issuing 61,105 new Class A shares following the exercise of Restricted Share Units (RSUs). Most shares were subscribed for in cash at prices between DKK 124.20 and DKK 179.80 per share, raising the total sh...
TORM plc announced a secondary public offering of 6,329,874 Class A common shares by OCM Njord Holdings, a shareholder indirectly managed by Oaktree Capital. The sale is expected to raise about $253.5 million for the selling shareholder, but TORM its...
TORM plc announced a secondary public offering of 6,329,874 Class A common shares by a major shareholder, OCM Njord Holdings, which owns about 6% of the shares. The company itself is not selling any shares and will not receive proceeds from this sale...
