TORM increases share capital after RSU exercises
The company issued 215,635 new A-shares to settle vested restricted share units as part of the incentive program.
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Owner and operator of product tankers
torm.comLast updated
In short: TORM reported surging Q1 2026 profits, expanded its fleet with six resale MR tankers, and achieved a significant 40% carbon intensity reduction.
The company issued 215,635 new A-shares to settle vested restricted share units as part of the incentive program.
EBITDA rose to USD 201m, net profit USD 122m, and dividend set at USD 0.70 per share.
This upgrade from BBB reflects greater transparency and progress under tougher methodology, with score improving from 5.6 to 6.1. TORM commits to further improvements.
The company credits progress to One TORM culture, mindset, and behavior changes across departments and vessels. It targets 43% reduction in 2025 and 45% by 2030.
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