Exchange Income Corporation

EIF

CA3012831077

Airlines

Delayed Toronto S.E. Other stock markets 10:19:17 2024-12-10 am EST			5-day change	1st Jan Change
55.51 ^CAD	-0.16%		-2.51%	+23.17%

Nov. 14	Exchange Income Price Target Raised to $71 at RBC	MT
Nov. 13	Exchange Income Corporation completed the acquisition of Spartan Mat, LLC.	CI

Exchange Income Corporation agreed to acquire Spartan Mat, LLC for $120 million.

November 06, 2024

Exchange Income Corporation (TSX:EIF) agreed to acquire Spartan Mat, LLC for $120 million on November 7, 2024. The purchase price will be funded through the issuance of $18 million of EIC common shares to the vendors and cash in the amount of $102 million from the Exchange Income Corporation?s credit facility. The expected completion of the transaction is within a week.

Baker & Hostetler LLP acted as legal advisor for Exchange Income Corporation. Osborn Maledon, P.A. acted as legal advisor for Spartan Mat, LLC.

Latest news about Exchange Income Corporation

Exchange Income Price Target Raised to $71 at RBC	Nov. 14	MT
Exchange Income Corporation completed the acquisition of Spartan Mat, LLC.	Nov. 12	CI
Exchange Income Target Raised to $68 at National Bank	Nov. 08	MT
Exchange Income Corporation, Q3 2024 Earnings Call, Nov 08, 2024	Nov. 08
Exchange Income Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 07	CI
Exchange Income Corporation agreed to acquire Spartan Mat, LLC for $120 million.	Nov. 06	CI
Exchange Income Brief: Notes PAL Aerospace Awarded New Contract to Provide Airborne Intelligence, Surveillance and Reconnaissance Support; No Financial Details Given	Oct. 30	MT
TSX up 120 Points to Record High, Over 24,800 Points	Oct. 18	MT
National Bank Raises Exchange Income Target to $61, Maintains Outperform Ahead of Q3	Oct. 15	MT
TSX Closer: The Market Closes with a Sharp Drop as Commodities Weaken on China Data Ahead of Expected Rate Cut	Sep. 03	MT
Exchange Income Corporation Marks Atik Mason Indigenous Pilot Pathway's Expansion to Rankin Inlet, Nunavut	Aug. 28	CI
Exchange Income Corporation, Q2 2024 Earnings Call, Aug 09, 2024	Aug. 09
Earnings Flash (EIF.TO) EXCHANGE INCOME CORPORATION Posts Q2 Revenue $660.6 Million	Aug. 08	MT
Tranche Update on Exchange Income Corporation's Equity Buyback Plan announced on March 14, 2024.	Aug. 08	CI
Exchange Income Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Aug. 08	CI
RBC Capital Q2 Airlines & Aerospace Preview; Top Pick Bombardier Target Raised to $133	Jul. 02	MT
National Bank on Exchange Income Acquiring Quebec's Armand Duhamel & Fils	Jun. 24	MT
Exchange Income Buying Quebec's Armand Duhamel & Fils for Up to $22 Million	Jun. 24	MT
Exchange Income Corp. Brief: Announcing Acquisition of Armand Duhamel & Fils Inc.	Jun. 24	MT
National Bank on Competition Bureau's Market Study of Domestic Airline Industry	Jun. 19	MT
Exchange Income Corp Brief: Adds Valuation Also "Attractive" Based On Updated 2024 Forecast	May. 08	MT
Exchange Income Corp Brief: Says Continues to Like the Co's Visibility on Growth Through at Least 2025 Supported By New Long-term Contract Wins and Organic Growth Across Both the Aerospace & Aviation and Manufacturing Segments	May. 08	MT
Exchange Income Corp Brief: Keeps Outperform Rating But Target Cut To C$60 From $62 at National Bank, Which Has Made "Some Minor Downward Adjustments" to Its Forecast	May. 08	MT
Exchange Income Corporation, Q1 2024 Earnings Call, May 08, 2024	May. 08
Tranche Update on Exchange Income Corporation's Equity Buyback Plan announced on March 14, 2024.	May. 07	CI

Chart Exchange Income Corporation

Duration

Period

EIF: Dynamic Chart

Company Profile

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.

Employees

4,340

Sector

Airlines

Calendar

2025-02-18 - Q4 2024 Earnings Release (Projected)

More about the company