TORO ▼ -1.3% - Toro Corp. $TORO - Toro Corp. Announces Record Date for the Proposed Spin-off of its LPG Carrier Business Toro Corp. announced a record date for the planned spin-off of its liquefied petroleum gas carrier business, a move that typically involves separating a subsidiary into an independent publicly traded company. The stock declined 1.3% on the news, suggesting investors may be concerned about the execution of the separation or the standalone prospects of either the carrier business or the remaining company. 21-SEP-2026 04:46 PM ET