Toro Company Files 8-K

Ticker: TTC · Form: 8-K · Filed: 2024-12-11T00:00:00.000Z

Sentiment: neutral

Topics: corporate-filing, regulatory-update

Related Tickers: TTC

TL;DR

Toro Co. filed a routine 8-K on Dec 11, 2024. No major news, just corporate housekeeping.

AI Summary

On December 11, 2024, The Toro Company (TTC) filed an 8-K report. The filing primarily contains information related to the company's corporate structure and administrative details, rather than significant operational or financial events. No specific new financial figures or material business developments were disclosed in this particular filing.

Why It Matters

This 8-K filing serves as a routine update on The Toro Company's corporate information, ensuring regulatory compliance without indicating immediate changes in business operations or financial performance.

Risk Assessment

Risk Level: low — The filing is a standard corporate disclosure and does not contain information that suggests an immediate change in risk for the company.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for The Toro Company?

The primary purpose of this 8-K filing is to report 'Other Events' and provide updated corporate information, as indicated by the filing's structure and content which focuses on administrative details rather than specific operational or financial disclosures.

When was this 8-K report filed by The Toro Company?

This 8-K report was filed on December 11, 2024.

What is The Toro Company's principal executive office address?

The Toro Company's principal executive offices are located at 8111 Lyndale Avenue South, Bloomington, Minnesota 55420.

Does this filing disclose any new financial results or significant business developments?

No, this specific 8-K filing does not appear to disclose new financial results or significant business developments; it primarily contains routine corporate information and administrative updates.

What is the SIC code for The Toro Company?

The Standard Industrial Classification (SIC) code for The Toro Company is 3524, which corresponds to LAWN & GARDEN TRACTORS & HOME LAWN & GARDEN EQUIPMENT.

Filing Stats: 507 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-12-11 12:22:12

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On December 10, 2024, The Toro Company ("TTC") announced that its Board of Directors authorized a new stock repurchase program of up to an additional 4,000,000 shares of TTC's common stock in open-market or in privately negotiated transactions. This new authorized stock repurchase program has no expiration date and may be suspended, resumed or terminated by TTC's Board of Directors at any time. TTC now has a total share repurchase authorization of 8,171,957 shares of TTC's common stock as of December 10, 2024. A copy of the press release announcing the new stock repurchase program is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release dated December 10, 2024 (furnished herewith). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE TORO COMPANY (Registrant) Date: December 11, 2024 /s/ Joanna M. Totsky Joanna M. Totsky Vice President, General Counsel and Corporate Secretary

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