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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.
