TSX:EIFAirlines
Assessing Exchange Income (TSX:EIF) Valuation After New Share Buyback Approval
Why Exchange Income’s new buyback matters now
Exchange Income (TSX:EIF) has renewed its normal course issuer bid after Toronto Stock Exchange approval, which clears the way to repurchase up to 10% of its public float over the coming year.
See our latest analysis for Exchange Income.
At a share price of CA$106.64, Exchange Income has recorded a 30.1% 90 day share price return and a 251.8% 5 year total shareholder return, which indicates that momentum has been building as the new buyback comes...