Toromont Industries Ltd.

10:44 AM EST - Toromont Industries Ltd. : Announced today that it has filed with the Toronto Stock Exchange a notice of intention to make a normal course issuer bid for certain of its common shares through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems. Under this notice, Toromont is entitled to purchase up to 6,684,592 common shares representing 10% of its common shares in the public float (66,845,927 as of August 18, 2017) during the 12-month period commencing August 31, 2017 and ending August 30, 2018. Toromont had 78,494,421 common shares issued and outstanding as at August 18, 2017. Toromont Industries Ltd. shares T.TIH are trading up $2.32 at $52.19.