secwatch.observer — SEC 8-K summary
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Issuer:     TORO CO (TTC)
CIK:        0000737758
Form:       8-K/A
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001628280-26-008467
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01, 8.01, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737758/000162828026008467/0001628280-26-008467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737758/000162828026008467/ttc-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-008467

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