Toro (TORO) news

Mohamed Aiman Kamal El Din Mohamed Abdul Khaliq Korra sells 34.2 mln shares in Korra Holding for EGP 205.3 mln - EGX

Mohamed Aiman Kamal El Din Mohamed Abdul Khaliq Korra has sold 34.2 million shares in Korra Holding (KORA) for a total value of EGP 205.3 million, according to recent data from the Egyptian Exchange . The transaction reflects significant activity in the stock, which has seen a recent decline in…

Freshworks Inc: Freshworks to extend FreshService into AI, software spend governance with pact to buy Torii

Toro Corp. announces record date for the proposed spin-off of its LPG carrier business

Toro Corp. (NASDAQ: TORO) has announced the record date for the proposed spin-off of its liquefied petroleum gas (LPG) carrier business. Shareholders of record as of September 15, 2026, will be entitled to receive shares of AI OKTO CORP. , the newly formed entity that will operate the LPG carrier…

Toro Corp. - Funds vessel acquisitions with cash on hand

Toro Corp. has announced that it will fund the acquisition of new vessels using its existing cash reserves, as disclosed in a recent press release. The company stated that it has sufficient liquidity to cover the costs without the need for additional financing or debt issuance [1]. This approach…

Toro Corp. - Buys 2014 Korean-built MR tanker for $37.50 mln; delivery on Sept 18, 2026

Toro Corp. (NASDAQ: TORO) has announced the acquisition of a 2014 Korean-built MR tanker vessel for $37.50 million, with delivery scheduled for September 18, 2026 . The transaction is expected to be funded through the company’s cash reserves, aligning with its internal liquidity for fleet expansion…