Mr. Mike Pyle reports
EXCHANGE INCOME CORPORATION RESPONDS TO MARKET ACTIVITY
Exchange Income Corp. is not aware of any material undisclosed information related to Exchange Income that would account for the recent decline in the market price of its common shares. The corporation released its second quarter financial results on Aug. 7, 2019, and held its conference call on those financial results on Aug. 8, 2019. The corporation announced the increase to its dividend by 4 per cent or nine cents per share on an annualized basis, effective for the August dividend, which will be paid to shareholders on Sept. 13, 2019, and has confirmed its guidance to the market. The corporation's outlook has not changed since the financial results were disseminated.
About Exchange Income Corp.
Exchange Income 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.
The corporation currently operates two segments: aerospace and aviation and manufacturing.
We seek Safe Harbor.
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