TORM plc (TRMD) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 06, 2025

Risk Assessment Details

Potential Dilution: 55.02% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
98M
Potential Supply
54M
Additional shares possible
Splits
None
Past 2 years

Summary

TRMD currently has 97.8M outstanding shares. with significant dilution risk as 53.8M authorized shares could dilute existing holders by 55.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 06, 2025

20-F filing | 97.8M shares outstanding

98M 54M
Mar 07, 2024

20-F filing | 86.2M shares outstanding

86M 54M
Mar 16, 2023

20-F filing | 82.3M shares outstanding

82M 54M
Mar 23, 2022

20-F filing | 81.2M shares outstanding

81M 54M
Dec 06, 2021

F-3 filing: This is an F-3 filing for a shelf offering of common shares, preferred shares, debt securities, warrants, purchase contracts, rights and units up to an aggregate offering price of $250,000,000. In addition, OCM Njord Holdings S.à r.l., the Selling Shareholder, may sell up to 53,812,988 of Class A common shares.

75M 54M
Mar 01, 2021

20-F filing | 74.9M shares outstanding

75M 0
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