TSX:EIFAirlines
Exchange Income Renews Buyback As Capital Returns Story Evolves
Exchange Income Corporation (TSX:EIF) received Toronto Stock Exchange approval to renew its normal course issuer bid.
The NCIB allows the company to repurchase up to 10% of its public float over the authorized period.
The renewal gives EIF flexibility to return capital to shareholders through on market share buybacks.
Exchange Income Corporation operates a diversified portfolio of aviation and manufacturing businesses, so capital allocation decisions can influence how value is shared across...