Exchange Income (EIF) has notable insider buying

Exchange Income (T:EIF)

Gary Buckley, a Director, acquired 57,000 Common Shares on an indirect ownership basis for registered holder GeeBee Investment Ltd. at a price of $52.250 through a prospectus or prospectus exempt offering on June 14th, 2023. This represents a $2,978,250 investment into the company's shares and an account share holdings change of 19.7%.

Gamey, a Director, acquired 2,000 Common Shares on a direct ownership basis at a price of $52.250 through a prospectus or prospectus exempt offering on June 14th, 2023. This represents a $104,500 investment into the company's shares and an account share holdings change of greater than 100%.

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 includes a range of operations within the aerospace and aviation industries. It includes providing scheduled airline, cargo, charter service, and emergency medical services to communities located in Manitoba, Nunavut, Ontario, British Columbia, and Alberta. These services are provided by Calm Air, Perimeter, Bearskin (as a division of Perimeter), Keewatin, Carson, Custom Helicopters, the equity investment in Wasaya, and other aviation supporting businesses (the Legacy Airlines). The Manufacturing segment provides a variety of manufactured goods and related services in several industries and geographic markets throughout North America. These services are provided by Northern Mat, Quest, WesTower, Ben Machine, Stainless, LV Control, Alberta Operations, and Overlanders.