tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Income Financial Trust Renews Equity Program for Market Flexibility

Story Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Income Financial Trust 1999-1.1.19 Trust Units ( ($TSE:INC.UN) ).

Income Financial Trust has renewed its at-the-market equity program, allowing it to issue trust units to the public through the Toronto Stock Exchange or other Canadian marketplaces until October 2027. The program, with a maximum gross proceeds of $20 million, will enable the Trust to distribute units at prevailing market prices, with proceeds intended to align with the Trust’s investment objectives and strategies.

More about Income Financial Trust 1999-1.1.19 Trust Units

Income Financial Trust invests in a portfolio of North American financial services companies, including prominent Canadian and U.S. banks, life insurance, and investment firms.

YTD Price Performance: 14.83%

Average Trading Volume: 3,036

For detailed information about INC.UN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1