TORM Prices ~$253M Secondary Public Offering Of 6,329,874 Shares By Selling Shareholder OCM Njord Holdings
The offering is expected to close on October 7, 2026. The Selling Shareholder beneficially owns approximately 6% of the Company's Class A common shares prior to this offering. The Company is not selling any Class A
A big owner of TORM is selling some of their shares publicly. This means they want cash, but the company itself is not changing.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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