Torm Plc (TRMD) Stock Split History

Torm Plc has split its stock once since its initial public offering (IPO). The stock split of Torm Plc occurred on September 24, 2015 on a 1-for-1500 basis, meaning that for 1500 shares of TRMD owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Torm Plc's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Torm Plc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when TRMD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Torm Plc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.