TOROV TORO CORP

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend

LIMASSOL, Cyprus, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation provider today announces the results of shareholder elections relating to its special dividend declared by its Board of Directors on December 5, 2025. The dividend of $1.75 per common share consists of either cash or the Company’s common shares and was paid on January 16, 2026, to shareholders of record as of December 16, 2025.

As previously announced, Nasdaq advised the Company that its common shares would trade with due bills, representing an assignment of the right to receive the special dividend in cash, from the record date of December 16, 2025, through the closing of trading on Nasdaq on January 16, 2026, which was the Dividend Payment Date and the last day of trading before the January 20, 2026, ex-dividend date.

Based on shareholder elections, the dividend was paid in the form of approximately $9.3 million in cash and 7,378,575 shares of the Company’s common stock. The number of common shares included for the common share dividend election was calculated based on the 20-day volume weighted average of the trading prices of the Company's common shares on the Nasdaq Stock Market through December 4, 2025, or $3.8386 per share.

If your shares are held through a bank, broker or nominee, and you have questions regarding the dividend, please contact such bank, broker or nominee. If you are a registered shareholder and you have questions regarding the dividend, you may call the election agent for the dividend, Broadridge Corporate Issuer Solutions, LLC, at (888) 789-8409.

About Toro Corp.

Toro Corp. is a global energy transportation services provider, operating a modern fleet of oceangoing vessels. The Company’s fleet comprises two LPG carriers and two MR tanker vessels, transporting petrochemical gases and refined petroleum products worldwide.

Toro is incorporated under the laws of the Republic of the Marshall Islands. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “TORO”.

For more information, please visit the Company’s website at . Information on our website does not constitute a part of this press release.

CONTACT DETAILS

For further information please contact:

Investor Relations

Toro Corp.

Email:



EN
16/01/2026

Underlying

TOROVTORO CORP

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TORO CORP

 PRESS RELEASE
Free
TOROV TORO CORP

Toro Corp. Announces Shareholder Election Results and Payment of Speci...

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend LIMASSOL, Cyprus, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation provider today announces the results of shareholder elections relating to its special dividend declared by its Board of Directors on December 5, 2025. The dividend of $1.75 per common share consists of either cash or the Company’s common shares and was paid on January 16, 2026, to shareholders of record as of December 16, 2025. As previously announced, Nasdaq advised the...

January 16, 2026 1 EN
 PRESS RELEASE
Free
TOROV TORO CORP

Toro Corp. Declares Special Dividend of $1.75 Per Share 

Toro Corp. Declares Special Dividend of $1.75 Per Share  LIMASSOL, Cyprus, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation provider, today announced that the Company's board of directors has declared a one-time, special dividend of $1.75 per common share, consisting of either cash or the Company’s common shares. The dividend is payable to the Company’s shareholders of record at the close of business on December 16, 2025 and is expected to be paid on January 16, 2026 (the “Dividend Payment Date”). Given that the payment...

December 5, 2025 1 EN
 PRESS RELEASE
Free
TOROV TORO CORP

Toro Corp. Reports Net Income of $1.3 Million for the Three Months End...

Toro Corp. Reports Net Income of $1.3 Million for the Three Months Ended September 30, 2025 and $4.3 Million for the Nine Months Ended September 30, 2025 LIMASSOL, Cyprus, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), a global energy transportation provider, today announced its results for the three months and the nine months ended September 30, 2025. Highlights of the Third Quarter Ended September 30, 2025: Total vessel revenues from continuing operations: $5.4 million, as compared to $5.3 million for the three months ended September 30, 2024,...

December 5, 2025 1 EN
 PRESS RELEASE
Free
TOROV TORO CORP

Toro Corp. and Castor Maritime Inc. agree the Full Redemption of the 8...

Toro Corp. and Castor Maritime Inc. agree the Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares LIMASSOL, Cyprus, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on October 13, 2025, the Company and Castor Maritime Inc. (“Castor”) agreed to the full redemption of 60,000 shares of Castor’s 8.75% Series E Cumulative Perpetual Convertible Preferred Shares issued by Castor in September 2025 (the “Series E Preferred Shares”), for a cash considera...

October 15, 2025 1 EN
 PRESS RELEASE
Free
TOROV TORO CORP

Toro Corp. Reports Net Income of $1.4 Million for the Three Months End...

Toro Corp. Reports Net Income of $1.4 Million for the Three Months Ended June 30, 2025 and $3.0 Million for the Six Months Ended June 30, 2025 LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro” or the “Company”) a global energy transportation provider, today announced its results for the three months and the six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues from continuing operations: $4.1 million, as compared to $5.4 million for the three months ended June 30, 2024, or a 24.1% decrease; Net in...

October 1, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch