other material
confidence high
sentiment neutral
materiality 0.55
Shareholders approve Toro's 2022 Equity and Incentive Plan, authorizing 1.25M new shares plus carryover
TORO CO
- Shareholders approved the 2022 Equity and Incentive Plan at March 15, 2022 annual meeting, replacing the 2010 plan.
- Plan authorizes 1,250,000 new shares plus shares remaining from prior plan and forfeited shares.
- All six director nominees elected; terms range 2023–2025.
- KPMG LLP ratified as independent auditor for fiscal year ending October 31, 2022 (92.6M for).
- Advisory vote on executive compensation approved (83.6M for, 3.6M against).