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Toro Corp. Announces the Date of its 2026 Annual General Meeting of Shareholders

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Toro Corp. (NASDAQ: TORO) announced that its 2026 Annual General Meeting of Shareholders will be held on September 11, 2026 at 5:00 p.m. local time at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.

The Board set July 17, 2026 as the record date for shareholders entitled to receive notice and vote. According to Toro, the Notice of Meeting and Proxy Statement will be mailed on or around July 20, 2026, filed with the SEC at www.sec.gov, and made available on the company’s website, www.torocorp.com.

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Positive

  • None.

Negative

  • None.

News Market Reaction – TORO

-0.61%
-0.61% Session close to close

In the Jul 20 session, TORO declined 0.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

TORO’s historical 24-hour reactions included -1.74% after its May 28 earnings report. Against that r...
Analysis

TORO’s historical 24-hour reactions included -1.74% after its May 28 earnings report. Against that record, this AGM notice supplies dates and voting eligibility, while recent CEO net buying and low short positioning add context; no operating update was stated.

Key Figures

Annual meeting date: September 11, 2026 Meeting time: 5:00 p.m. Record date: July 17, 2026 +3 more
6 metrics
Annual meeting date September 11, 2026 2026 Annual General Meeting
Meeting time 5:00 p.m. Local time on September 11, 2026
Record date July 17, 2026 Shareholder voting eligibility
Proxy materials date July 20, 2026 Mailing and SEC furnishing date
LPG carriers Two LPG carriers Company fleet description
MR tanker vessels Two MR tanker vessels Company fleet description

Historical Context

5 past events · Latest: Jun 05 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 05 Special dividend results Positive -3.5% Reported special-dividend election results, including cash and common-share distributions
May 28 Q1 earnings report Negative -1.7% Reported lower quarterly net income despite higher vessel revenues year over year
Apr 22 Special dividend declaration Positive +69.6% Declared one-time special dividend payable in cash or common shares
Apr 15 Annual report filing Neutral -0.8% Filed 2025 annual report with financial statements and fleet information
Apr 15 Q4 earnings report Positive -0.3% Reported Q4 and full-year net income, cash, EBITDA, and special-dividend details

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Historical reactions were mixed: four recent announcements diverged from their subsequent price reactions, while one special-dividend announcement aligned with a gain.

Key Terms

proxy statement, record date, lpg carriers, mr tanker vessels
4 terms
proxy statement regulatory
"The Company’s Notice of the Meeting and Proxy Statement will be mailed"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
View in glossary
record date regulatory
"The Board has fixed a record date of July 17, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
lpg carriers technical
"The Company’s fleet comprises two LPG carriers and two MR tanker vessels"
LPG carriers are specialized ships built to safely carry liquefied petroleum gas — a mix of propane and butane — in pressurized or refrigerated tanks across oceans and coastal routes. For investors, they matter because they are the transport link between gas producers and buyers: fleet size, charter rates, supply disruptions, and safety records directly affect shipping companies’ revenues and the broader cost and availability of LPG, much like trucks do for road-delivered goods.
mr tanker vessels technical
"The Company’s fleet comprises two LPG carriers and two MR tanker vessels"
Medium Range (MR) tanker vessels are cargo ships sized to carry refined petroleum products and chemicals, typically about 25,000–55,000 deadweight tons. They act like regional delivery trucks of the ocean, linking refineries and ports, and matter to investors because their earnings and resale value depend on freight rates, fuel demand, regulatory rules, and fleet supply — factors that affect shipping companies’ revenues and asset values.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LIMASSOL, Cyprus, July 20, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announced today that its Board of Directors (the ”Board”) has scheduled the Company’s 2026 Annual General Meeting of Shareholders (the ”Meeting”) to be held on September 11, 2026, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a record date of July 17, 2026 (the ”Record Date”) for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.

The Company’s Notice of the Meeting and Proxy Statement will be mailed on or around July 20, 2026, to shareholders of record as of the Record Date and will be furnished to the Securities and Exchange Commission (the ”Commission”) and available on the Commission’s website at www.sec.gov. The proxy materials will also be available on the Company’s website at www.torocorp.com.

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 www.torocorp.com. Information on our website does not constitute a part of this press release.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Forward-looking statements give the Company’s current expectations and projections about future events, including business strategy, goals, and future financial condition and performance, and so actual results may differ materially from what is expressed or implied by the statements. These statements sometimes use words such as “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending”, “indicates” and other words of similar meaning (or the negative thereof) and include all matters that are not historical or current facts.

Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025 and/or our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.

CONTACT DETAILS

For further information please contact:

Investor Relations
Toro Corp.
Email: ir@torocorp.com


FAQ

When is Toro Corp.'s (NASDAQ: TORO) 2026 Annual General Meeting of Shareholders scheduled?

Toro Corp.'s 2026 Annual General Meeting of Shareholders is scheduled for September 11, 2026 at 5:00 p.m. local time. According to Toro, the meeting will take place at Hawaii Royal Gardens, 223 Christodoulou Chatzipavlou Street, 3036 Limassol, Cyprus.

What is the record date for voting at Toro Corp.'s 2026 Annual General Meeting (TORO)?

The record date for Toro Corp.'s 2026 Annual General Meeting is July 17, 2026. According to Toro, only shareholders of record on this date are entitled to receive notice of and vote at the meeting or any adjournment.

Where will Toro Corp. (NASDAQ: TORO) hold its 2026 Annual General Meeting of Shareholders?

Toro Corp. will hold its 2026 Annual General Meeting at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. According to Toro, the meeting is scheduled for 5:00 p.m. local time on September 11, 2026.

How can Toro Corp. (TORO) shareholders access the 2026 AGM proxy materials?

Shareholders can access Toro Corp.'s 2026 AGM proxy materials via mailing and online. According to Toro, the Notice and Proxy Statement will be mailed, filed on www.sec.gov, and posted on www.torocorp.com for shareholders of record.

When will Toro Corp. mail the 2026 Annual General Meeting notice and proxy statement to TORO shareholders?

Toro Corp. plans to mail the 2026 AGM Notice and Proxy Statement on or around July 20, 2026. According to Toro, these materials will go to shareholders of record as of the July 17, 2026 record date.

Who is entitled to vote at Toro Corp.'s 2026 Annual General Meeting (NASDAQ: TORO)?

Shareholders of Toro Corp. recorded as of July 17, 2026 are entitled to vote at the 2026 AGM. According to Toro, this record date determines who may receive notice of and vote at the meeting or any adjournment.