08:33 AM EDT, 03/27/2025 (MT Newswires) -- Exchange Income ( EIFZF ) on Thursday said the Toronto Stock Exchange approved the renewal of the company's normal course issuer bid (NCIB).

The company may buy back up to 4.8 million shares and $14.4 million of its 7-year 5.25% convertible debentures from March 31 for one year.

Exchange Income ( EIFZF ) did not buy back any securities under its previous NCIB, which ended on March 18.