Sierra Income Corp. announces a share repurchase program. Under the program, the company will repurchase up to 1,048,412 shares for $8.77 million worth of its shares. The offer is for cash at a price per share equal to $8.14, which represents the company’s net asset value per share as of September 30, 2016. The offer will be funded from cash on hand. The purpose of the offer is to provide liquidity to shareholders. The offer is being made to all Shareholders of the Fund and is not conditioned on any minimum amount of shares being tendered. The offer will expire on December 27, 2016, unless extended. As of November 10, 2016, the company had 94,584,018 shares of common stock issued and outstanding.