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Market Impact: 0.08
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
Source: PR Newswire
Capital Returns (Dividends / Buybacks)Management & Governance
TORM increased its share capital by 132,421 Class A shares, a nominal increase of $1,324.21, following the exercise of an equal number of restricted share units. The issuance is a routine equity-compensation-related corporate action and is unlikely to materially affect the company’s valuation or trading.
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