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An announcement from Tornado Global Hydrovacs ( (TSE:TGH) ) is now available.
Tornado Infrastructure Equipment Ltd. has announced the granting of incentive stock options for the purchase of up to 500,000 common shares to a key employee, with an exercise price of $1.71 per share, effective May 20, 2025. This strategic move is part of Tornado’s efforts to incentivize and retain key talent, potentially strengthening its market position and operational capabilities in the competitive infrastructure equipment sector.
The most recent analyst rating on (TSE:TGH) stock is a Buy with a C$1.65 price target. To see the full list of analyst forecasts on Tornado Global Hydrovacs stock, see the TSE:TGH Stock Forecast page.
More about Tornado Global Hydrovacs
Tornado Infrastructure Equipment Ltd. is a leading manufacturer in the vacuum truck industry, specializing in hydrovac trucks used for safe excavation. The company serves utility and oilfield professionals, offering products that are essential in infrastructure and industrial construction, as well as oil and gas markets. Their hydrovac trucks employ high-pressure water and vacuum technology to safely expose critical infrastructure, minimizing damage and enhancing safety in urban and sensitive areas.
Average Trading Volume: 113,870
Technical Sentiment Signal: Buy
Current Market Cap: C$245.8M
For an in-depth examination of TGH stock, go to TipRanks’ Stock Analysis page.