H.C. Wainwright initiated coverage on TORM plc with a new price target
$TRMD
Marine Transportation
Consumer Discretionary
H.C. Wainwright initiated coverage of TORM plc with a rating of Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/12/2022 | $14.00 | Buy | H.C. Wainwright |
HELLERUP, Denmark, June 2, 2026 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) has increased its share capital by 28,144 A-shares (corresponding to a nominal value of USD 281.44) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 7,089 new shares are subscribed for in cash at DKK 127.30 per A-share, 13,966 shares are subscribed for in cash at DKK 139.90, and 7,089 new shares are subscribed for in cash at DKK 195.50. 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) a
HELLERUP, Denmark, May 21, 2026 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated personNameJacob Balslev MeldgaardReason for the notificationPosition/statusCEO/Executive Director Initial notification/AmendmentInitial notification Details of the issuerNameTORM plcLEI code213800VL1H1ABVM1ZF63Details of the transaction(s)Description of the financial instrumentIdentification code Shares (ISIN: GB00BZ3CNK81)Nature of the transactionExercise of restricted share unitsPrice(s) and volume(s)Price(s)Volume(s)DKK 131.8/shareDKK 144.4/share85,06785,067Aggregated information-
HELLERUP, Denmark, May 20, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 215,635 A-shares (corresponding to a nominal value of USD 2.156,35) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 14,206 new shares is subscribed for in cash at DKK 0.07 per A-share, 85,067 shares are subscribed for in cash at DKK 131.80 and 116,362 new shares are subscribed for in cash at DKK 144.40. 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.
4 - TORM plc (0001655891) (Issuer)
3 - TORM plc (0001655891) (Issuer)
3 - TORM plc (0001655891) (Issuer)
H.C. Wainwright initiated coverage of TORM plc with a rating of Buy and set a new price target of $14.00
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
6-K - TORM plc (0001655891) (Filer)
INSIDE INFORMATION HELLERUP, Denmark, Dec. 16, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) is pleased to announce that the Board of Directors has appointed Simon Mackenzie Smith as the new Chair of the Board, succeeding Chris Boehringer. The appointment follows a planned process and reflects the Board's strong focus on ensuring continuity and long-term value creation for TORM and our shareholders. Chris Boehringer was appointed Chair of the Board in 2015 and will continue to serve as a member of the Board. During this period, TORM has strengthened our financial position and continued to develop the One TORM platform, which has been fundamental to our continued market-leading performance. "I
HELLERUP, Denmark, Sept. 3, 2025 /PRNewswire/ -- TORM plc ("TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) has today been informed of the announcement (the Announcement) by Hafnia Limited ("Hafnia"), confirming that Oaktree Capital Management, L.P. and its affiliates have accepted, subject to entering into a definitive agreement, to sell to Hafnia approximately 14.1 million A shares in TORM, representing approximately 14.45% of TORM's issued share capital (the Share Purchase). The A shares are priced at USD 22 per share for a total purchase price of USD 311,433,342. The Announcement notes that completion of the Share Purchase is subject to entry into a definitive agreement and the fulfilment of cus
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, June 2, 2026 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) has increased its share capital by 28,144 A-shares (corresponding to a nominal value of USD 281.44) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 7,089 new shares are subscribed for in cash at DKK 127.30 per A-share, 13,966 shares are subscribed for in cash at DKK 139.90, and 7,089 new shares are subscribed for in cash at DKK 195.50. 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) a
HELLERUP, Denmark, May 20, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 215,635 A-shares (corresponding to a nominal value of USD 2.156,35) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 14,206 new shares is subscribed for in cash at DKK 0.07 per A-share, 85,067 shares are subscribed for in cash at DKK 131.80 and 116,362 new shares are subscribed for in cash at DKK 144.40. 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.
HELLERUP, Denmark, May 13, 2026 /PRNewswire/ -- INSIDE INFORMATION"TORM delivered a strong quarter supported by high freight rates, consistent execution, and our One TORM platform," said Jacob Meldgaard, adding: "Rates rose to record levels in April, prompting an upward revision of our full-year guidance while continuing to monitor global developments. We also invested selectively in fleet renewal, including six resale vessels, reflecting our long-term view of the market." Financial ResultsIn the first quarter of 2026, TORM (NASDAQ:TRMD) (NASDAQ: TRMD-A) generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for the Group totaled USD 201m including
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)
SC 13D/A - TORM plc (0001655891) (Subject)