Robert M. Ogilvie, a Director, disposed of 415,000 Common Shares on an indirect ownership basis for registered holder 473270 Ontario Ltd. at a price of $72.000 on August 11th, 2020. This represents a $29,880,000 divestment of the company's shares and an account share holdings change of -24.2%.
Wayne S. Hill, a Director, disposed of 125,000 Common Shares on an indirect ownership basis for registered holder YYZ Capital Inc. at a price of $72.003 on August 11th, 2020. This represents a $9,000,375 divestment of the company's shares and an account share holdings change of -78.1%.
Scott Medhurst, CEO and Director, disposed of 15,000 Common Shares on a direct ownership basis at prices ranging from $73.320 to $73.670 on August 13th, 2020. This represents a $1,102,851 divestment of the company's shares and an account share holdings change of -7.8%.
Toromont Industries is in the Heavy Machinery & Vehicles Sub Industry Group under the Industrials Sector.
Toromont Industries Ltd is a Canada-based company, which operates through two segments: Equipment Group and CIMCO. The Company's Equipment Group is involved in supply of specialized mobile equipment and industrial engines. It consists of businesses, including Toromont CAT, Battlefield-The CAT Rental Store, Sitech Mid-Canada Ltd., Toromont Energy Ltd. and AgWest Ltd. Its customer base includes infrastructure contractors, residential and commercial contractors, mining companies, forestry companies, pulp and paper producers, general contractors, utilities, municipalities, marine companies, waste handling companies and agricultural enterprises. CIMCO is involved in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems with operations in Canada and the United States. Its customer base consists of companies engaged in all aspects of food and beverage industry, food and beverage processors, and recreational facilities.
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