Public market insider buying at Toromont Industries (TIH)

Public market insider buying at Toromont Industries (T:TIH)

Katherine Anne Rethy, a Director, acquired 1,700 Common Shares on a direct ownership basis at a price of $59.800 on November 8th, 2018. This represents a $101,660 investment into the company's shares and an account share holdings change of greater than 100%.

Cathryn Elizabeth Cranston, a Director, acquired 1,700 Common Shares on a direct ownership basis at prices ranging from $58.690 to $58.710 on November 9th, 2018. This represents a $99,798 investment into the company's shares and an account share holdings change of 42.5%.

Lynn Margaret Korbak, a Senior Officer, acquired 8 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $59.240 on November 9th, 2018. The insider also acquired 22 Common Shares on an indirect ownership basis for registered holder TFSA at a price of $59.240 on November 9th, 2018. This represents a $1,777 investment into the company's shares and an account share holdings change of 54.5%.

Toromont Industries is in the Business Support Services 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.