Toro increases quarterly dividend 13% to $0.34, authorizes 5M share repurchase

TORO CO

Regular quarterly cash dividend raised to $0.34 per share, up 13% from $0.30.
Dividend payable Jan 11, 2023 to holders of record Dec 28, 2022; 14th consecutive annual increase.
Board authorized new repurchase of up to 5M shares, with no expiration date.
Total share repurchase authorization now 7,526,606 shares as of Dec 13, 2022.

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