Public market insider selling at Toromont Industries (TIH)

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

Randall Casson exercised Options and disposed of 17,700 Common Shares on a direct ownership basis at a price of $60.750 on May 10th, 2019. This represents a $1,075,275 divestment of the company's shares and an account share holdings change of -12.9%.

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.