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Exchange Income Corporation Responds to Market Activity
Exchange Income Corporation Responds to Market Activity Canada NewsWire WINNIPEG...
About this update from Exchange Income Corporation
[{"type":"text","content":"\n\n\n\nExchange Income Corporation Responds to Market Activity\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, Aug. 15, 2019\n\n\n\nWINNIPEG, Aug. 15, 2019 /CNW/ - Exchange Income Corporation (TSX: EIF) (\"EIC\" or the \"Corporation\"), a diversified, acquisition-oriented company focused on opportunities in the aviation, aerospace and manufacturing sectors, wishes to confirm that it is not aware of any material undisclosed information related to EIC that would account for the recent decline in the market price of its common shares. The Corporation released its second quarter financial results on August 7, 2019 and held its conference call on those financial results on August 8, 2019. The Corporation announced the increase its dividend by 4% or $0.09 per share on an annualized basis effective for the August dividend, which will be paid to shareholders on September 13, 2019 and confirmed its guidance to the market. The Corporation's outlook has not changed since the financial results were disseminated. \nAbout Exchange Income Corporation \nExchange Income Corporation is a diversified acquisition-oriented company. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.\nThe Corporation currently operates two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment consists of the operations of Perimeter Aviation, Keewatin Air, Calm Air International, Bearskin Lake Air Service (operating as a division of Perimeter Aviation), Custom Helicopters, Regional One, Provincial Aerospace and Moncton Flight College, and an investment in Wasaya Group. The Manufacturing segment consists of the operations of Overlanders Manufacturing, Water Blast, Stainless Fabrication, WesTower Communications, Ben Machine and Quest Window Systems. For more information on the Corporation, please visit www.ExchangeIncomeCorp.ca. Additional information ...