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TORM plc announces closing of secondary public offering of its class A common shares
Source: PR Newswire
Capital Returns (Dividends / Buybacks)Company FundamentalsTransportation & Logistics
TORM plc announced the closing of a previously disclosed secondary public offering of 9.0 million Class A common shares sold by OCM Njord Holdings S.à r.l. The transaction represents a significant shareholder liquidity event but provides no indicated new capital to TORM, as the shares were sold by an existing holder.
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