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Multiple selling at Toromont Industries (T:TIH)

Updated Thursday Nov 19, 2020 03:49 AM EDT

Scott Medhurst, CEO and Director, exercised options and disposed of 28,000 Common Shares on a direct ownership basis at prices ranging from $85.500 to $87.490 on November 16th, 2020. This represents a $2,411,984 divestment of the company's shares and an account share holdings change of -13.6%.

Paul Randolph Jewer, a Senior Officer, disposed of 5,200 Common Shares on an indirect ownership basis for registered holder Spousal RRSP at prices ranging from $86.750 to $87.000 between November 16th and 17th, 2020. This represents a $451,440 divestment of the company's shares and an account share holdings change of -29.6%.

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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Go to Toromont Industries Ltd. (TIH)'s company page

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