REIT INDEXPLUS Income Fund announces a share repurchase program. Under the program, the company will repurchase up to 508,499 shares, representing 9.7% of its units issued and outstanding and 10% of its public float. The company will purchase its shares through the facilities of the Toronto Stock Exchange. All shares repurchased will be held in treasury for resale. The company may not, in any 30-day period, purchase more than 103,930 units, being 2% of the shares issued and outstanding. The company believes that the repurchase is in the best interest of the fund and is a desirable use of its available funds. The company received approval from the Toronto Stock Exchange to make the share repurchase which commence on May 25, 2017 and will run until May 24, 2018. As at May 15, 2017, the company had 5,196,525 shares issued and outstanding.