Toro Corp. Common Stock (TORO)
Toro Corp. (TORO) is a diversified manufacturing company known for producing outdoor equipment and irrigation systems. The company serves residential, commercial, and industrial markets with products including lawn mowers, snow blowers, and landscape maintenance equipment. Established over a century ago, Toro has built a reputation for innovation and quality in the outdoor and landscape industry.
Company News
Robin Energy Ltd. has agreed to acquire a 2020-built 5,000 cbm LPG Carrier vessel from Toro Corp. for $20 million, expanding its fleet and reinforcing its growth strategy.
Toro Corp. announced the record date and expected completion date for the spin-off of its subsidiary Robin Energy Ltd. Toro shareholders will receive one Robin share for every eight Toro shares held on the record date.
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