TRMD - TORM plc

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
9.51
-0.74 (-7.22%)
At close: 9:30AM EST
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Previous Close10.25
Open10.00
Bid9.51 x 900
Ask10.50 x 900
Day's Range9.40 - 9.51
52 Week Range5.78 - 22.62
Volume96
Avg. Volume550
Market Cap699.157M
Beta (5Y Monthly)0.44
PE Ratio (TTM)41.71
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateAug 22, 2016
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Capital increase in TORM due to exercise of Restricted Share Units as part of the Company’s incentive program

    TORM plc (“TORM”) increases its share capital by 12,405 A-shares (corresponding to a nominal value of USD 124.05) 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 53.7 per A-share with a nominal value of USD 0.01 each.

  • GlobeNewswire

    TORM obtains USD 496m bank financing for the refinancing of existing debt, thereby removing all major debt maturities until 2026

    TORM has obtained commitment from leading ship lending banks for two separate term facilities and a revolving credit facility of up to a total of USD 496m. Following the refinancing, TORM does not have any major debt maturities until 2026 which supports TORM’s strong capital structure.

  • GlobeNewswire

    TORM plc financial calendar 2020

    TORM plc expects to issue financial statements and convene its Annual General Meeting on the following dates in 2020:   4 March 2020.

  • GlobeNewswire

    Report of transactions in TORM plc securities by directors, managerial staff and related persons

    TORM plc has been notified of the following transaction in TORM plc securities: Name:Jacob MeldgaardReason:Executive DirectorSecurities code (ISIN.

  • GlobeNewswire

    TORM plc third quarter report and nine months ended 30 September 2019

    “Having experienced a seasonally softer freight rate environment in the third quarter of 2019, the product tanker market has strengthened significantly going into the fourth quarter. TORM will repay USD 9m of debt in connection with the vessel sales and expects to deliver the vessels to the new owners during the fourth quarter of 2019 and the first quarter of 2020.

  • GlobeNewswire

    TORM to announce third quarter report and nine months ending September 2019

    TORM plc (“TORM” or the “Company”) (ticker:TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for the third quarter of 2019 on Tuesday, 12 November 2019. A conference call to present the Company’s results will be held at 9:00 am Eastern Time / 3:00 pm Central European Time. If you wish to listen to the call, please dial +45 3272 8042 (+1 (631) 510 7495 for USA connections) at least 10 minutes prior to the start of the call to ensure connection and use 5880965 as conference ID.

  • GlobeNewswire

    Capital increase in TORM due to exercise of Restricted Share Units

    TORM plc (“TORM”) will increase its share capital by 42,533 A-shares (corresponding to a nominal value of USD 425.33) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase will be carried out without any pre-emption rights for existing shareholders or others. The new shares have been subscribed for in cash at DKK 53.7 per A-share with a nominal value of USD 0.01 each.

  • GlobeNewswire

    Notification of major holdings in the Company

    TORM plc has been notified of the following transaction in TORM plc securities: TR-1: Standard form for notification of major holdings  NOTIFICATION OF MAJOR HOLDINGS (to.

  • GlobeNewswire

    TORM to announce second quarter and first half 2019 results

    TORM plc (“TORM” or the “Company”) (ticker:TRMD A on NASDAQ Copenhagen and TRMD on NASDAQ New York) will release its financial results for the second quarter and the first half of 2019 on Thursday, 15 August 2019. A conference call to present the Company’s results will be held at 9:00 am Eastern Time / 3:00 pm Central European Time. If you wish to listen to the call, please dial +45 3272 8042 (+1 (631) 510 7495 for USA connections) at least 10 minutes prior to the start of the call to ensure connection and use 5147297 as conference ID.

  • GlobeNewswire

    TORM acquires four modern MR vessels

    "We are pleased to expand the fleet with four modern MR vessels at an attractive price point. Looking into an improving demand-supply situation for the transportation of clean petroleum products, we believe that the timing for a fleet expansion with modern vessels is appropriate and underlines the flexibility provided by our strong capital structure," says Executive Director Jacob Meldgaard. TORM has agreed to buy four 2011-built MR vessels for a total consideration of USD 83m with expected delivery between August and December 2019.

  • GlobeNewswire

    TORM appoints Kim Balle as new CFO

    “I am pleased to announce the appointment of Kim Balle as new Chief Financial Officer of TORM. I believe that Kim through his background in the financial sector and managerial.

  • GlobeNewswire

    TORM plc First Quarter Report 2019

    ”TORM’s results in the first quarter reflect the Company’s strong operating performance in a product tanker market where a significant recovery started in the fourth quarter of.

  • GlobeNewswire

    TORM to announce first quarter 2019 results

    TORM plc (“TORM” or the “Company”) (TRMD) will release its financial results for the first quarter of 2019 on Tuesday, 14 May 2019. A conference call to present the Company’s results will be held at 9:00 am Eastern Time / 3:00 pm Central European Time. If you wish to listen to the call, please dial +45 8071 8097 (+1 (866) 966 1396 for USA connections) at least 10 minutes prior to the start of the call to ensure connection and use 6877846 as conference ID.

  • GlobeNewswire

    Results from TORM plc’s Annual General Meeting on 11 April 2019

    The Annual Report for 2018 including the accounts and the reports of the Directors and Auditors was approved, cf. The 2018 Directors Remuneration Report was approved, cf. Deloitte LLP was reappointed as the Company’s auditor, cf.

  • GlobeNewswire

    TORM plc Long-Term Incentive Program

    In accordance with TORM plc’s (“TORM”) Remuneration Policy adopted by the Annual General Meeting of TORM plc on 12 April 2018, 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.

  • GlobeNewswire

    TORM plc – Notice of and complete proposals for the Annual General Meeting 2019

    Enclosed please find the notice of and the complete proposals for the Annual General Meeting of TORM plc to be held on 11 April 2019. The Company operates a fleet of approximately 80 modern vessels with a strong commitment to safety, environmental responsibility and customer service. Matters discussed in this release may constitute forward-looking statements.

  • GlobeNewswire

    TORM plc Annual Report 2018

    “TORM’s commercial performance over the past year has continuously been among the best within its peer group. The product tanker market has rebounded significantly since November 2018, and looking ahead, we are well-positioned to leverage the ongoing market recovery, illustrated by a 43% increase in freight rates achieved so far in the first quarter of 2019 compared to 2018,” says Executive Director Jacob Meldgaard. In the third quarter of 2018, freight rates reached historically low levels due to reduced trading volumes and continued cargo cannibalization by newbuilt crude tankers opting for clean cargos on their maiden voyage.

  • GlobeNewswire

    TORM to announce full-year 2018 results

    TORM plc (“TORM” or the “Company”) (TRMD) will release its financial results for the full-year 2018 on Tuesday, 12 March 2019. A conference call to present the Company’s results will be held at 9:00 am Eastern Time / 3:00 pm Central European Time. If you wish to listen to the call, please dial +45 8071 8097 (+1 (866) 966 1396 for USA connections) at least 10 minutes prior to the start of the call to ensure connection and use 2982249 as conference ID.