American Income Trust Announces Normal Course Issuer Bid.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- American Income Trust ("American Income") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :USA.UN), announced today acceptance by the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. of notice of American Income's intention to purchase from time to time, if it is considered advisable ad·vis·a·ble adj. Worthy of being recommended or suggested; prudent. ad·vis  a·bil , up to 199,275 of its outstanding
units through the facilities of the Toronto Stock Exchange representing
5% of the 3,985,496 units of American Income issued and outstanding as
at the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . The Board of Directors of Quadravest Inc., the Manager, on behalf of American Income, believes that such purchases may from time to time be in the best interests of American Income and a desirable use of investment trust funds. Purchases of units may be made pursuant to this notice in the 12-month period commencing June 3, 2005 and ending June 2, 2006. All units of American Income purchased pursuant to this notice will be cancelled by American Income. No units were purchased pursuant to the normal course issuer bid effective June 3, 2004 to June 2, 2005. American Income Trust (TSX:USA.UN) |
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