More selling at Toromont Industries (TIH)

More selling at Toromont Industries (T:TIH)

Paul Randolph Jewer, CFO, exercised Options and disposed of 22,500 Common Shares on a direct ownership basis at prices ranging from $70.650 to $70.830 between November 8th, 2019 and November 11th, 2019. This represents a $1,590,908 divestment of the company's shares and an account share holdings change of -100.0%.

Mike Cuddy, a Senior Officer, disposed of 10,000 Common Shares on a direct ownership basis at prices ranging from $70.700 to $70.790 on November 11th, 2019. This represents a $707,135 divestment of the company's shares and an account share holdings change of -8.2%.

Jennifer Cochrane, a Senior Officer, exercised Options and disposed of 1,300 Common Shares on a direct ownership basis at a price of $70.800 on November 8th, 2019. This represents a $92,040 divestment of the company's shares and an account share holdings change of -10.2%.

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.