---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-008467"
form_type: "8-K/A"
ticker: "TTC"
cik: "0000737758"
company_name: "TORO CO"
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:38:11.430595+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Toro completes CAD $279M acquisition of Tornado; authorizes new 6M share buyback

## Summary
- Acquired Tornado Infrastructure Equipment (TSX-V: TGH) for CAD $1.92/share, total equity value $279M CAD.
- Financed with cash, credit facility, and other arrangements; Tornado becomes subsidiary of Toro.
- Board authorized new repurchase of up to 6M common shares with no expiration; total authorization now 10,391,790 shares.
- Filing amends previously reported Item 2.01 to Item 8.01 for the acquisition.

## SEC filing metadata
- accession: 0001628280-26-008467
- form_type: 8-K/A
- ticker: TTC
- cik: 0000737758
- company_name: TORO CO
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 8.01, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737758/000162828026008467/0001628280-26-008467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737758/000162828026008467/ttc-20251208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-008467
- JSON: https://secwatch.observer/filing/0001628280-26-008467.json
- Plain text: https://secwatch.observer/filing/0001628280-26-008467.txt

## Source-grounded claims
- claim_id: 09e1bde71391ba64332fa8e5b420fa93b20fbd25
  claim: TORO CO completed an acquisition involving Tornado Infrastructure Equipment Ltd. for CAD $1.92 per share for a total fully diluted equity value of $279 million (CAD) (closed 2025-12-08).
  evidence_excerpt: TTC purchased all outstanding shares of Tornado for CAD $1.92 per share for a total fully diluted equity value of $279 million (CAD)
  evidence_url: https://www.sec.gov/Archives/edgar/data/737758/000162828026008467/0001628280-26-008467-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.