Exchange Income Corp. (EIF-T) pursues an acquisition-oriented business plan focused on its Aerospace & Aviation, and Manufacturing segments. On Feb. 26, the company confirmed 2025 adjusted EBITDA guidance ranging from $690-$730-million. Guidance does not include the proposed acquisition of Canada North, an air services company serving 24 Arctic communities. As shares fell after the news, insiders bought. Five insiders have acquired a total of 9,462 common shares at an average price of $50.01. CEO Mike Pyle was one of the buyers, picking up 4,000 shares.
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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.