CEO selling at Toromont Industries (TIH)
CEO selling at Toromont Industries (T:TIH)
Updated Tuesday May 23, 2023 02:53 AM EDT
Scott Medhurst, CEO and Director, disposed of 12,597 Common Shares on a direct ownership basis at prices ranging from $107.550 to $107.730 between May 16th, 2023 and May 17th, 2023. This represents a $1,355,201 divestment of the company's shares and an account share holdings change of -6.4%.Toromont Industries is in the Heavy Machinery & Vehicles Sub Industry Group under the Industrials Sector.
Toromont Industries Ltd. is focused on serving the equipment and product support needs of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates in two segments: the Equipment Group and CIMCO. The Company's Equipment Group segment is involved in the supply of specialized mobile equipment and industrial engines. It consists of businesses, including Toromont Cat, Battlefield-The Cat Rental Store, Toromont Material Handling, AgWest, SITECH and Toromont Energy. Its customer base includes infrastructure-related activities, mining, residential and commercial construction, power generation, aggregates, waste management, steel, forestry and agriculture. The CIMCO segment is involved in the design, engineering, fabrication, installation and product support services for industrial and recreational refrigeration systems.