secwatch.observer — SEC 8-K summary
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Issuer:     TORO CO (TTC)
CIK:        0000737758
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001140361-22-045387
Event type: dividend
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737758/000114036122045387/0001140361-22-045387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737758/000114036122045387/brhc10045358_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-045387

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