tiprankstipranks

Toro Corp. Expands Holdings with New Share Purchase Agreement

Story Highlights
Toro Corp. Expands Holdings with New Share Purchase Agreement

Confident Investing Starts Here:

Toro Corp. ( (TORO) ) has issued an announcement.

Toro Corp., a corporation organized under the laws of the Republic of the Marshall Islands, announced a significant transaction involving the purchase of an additional 50,000 Series D Cumulative Perpetual Convertible Preferred Shares from Castor Maritime Inc. This agreement, dated December 12, 2024, outlines the terms and conditions of the purchase, highlighting a strategic move for Toro Corp. to potentially enhance its market position.

More about Toro Corp.

YTD Price Performance: -51.83%

Average Trading Volume: 34,101

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of TORO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1