TORO News

Latest breaking news and updates for TORO stock.

Toro Corp. Announces Final Results of Tender Offer for Common Shares

LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro” or the “Company”), a global energy transportation services provider, announces today the final results of its...

What is the market’s reaction to the announcement and how is the stock price trending after the news? Will the cash raised (or cash used) be allocated to specific strategic initiatives or debt repayment? How does the tender offer compare to recent tender offers by comparable energy transportation companies?

Mergers

15 days ago

The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand

Could this divestiture lead to future acquisition opportunities or strategic partnerships for Toro? What is the timeline for the integration of the American Augers brand and any associated operational changes? How will the loss of the Trencor brand and Auger Boring category affect Toro's market share in the relevant segments?

Mergers

20 days ago