Exchange Income Corporation (TSX:EIF) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,580,512 shares, representing 9.24% of its issued and outstanding share capital. All the repurchased shares under the bid will be cancelled.

The bid will expire on February 28, 2023, or an earlier date in the event that the company purchases the maximum number of each of the securities available under the bid. As of February 14, 2022, the company had 38,768,991 issued and outstanding shares.