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Priority Income Fund to buy back common shares

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Priority Income Fund to buy back common shares

Priority Income Fund Inc. is offering to repurchase up to $4.2 million of its issued and outstanding common shares.

The number of shares that will be repurchased will be based on the net asset value per share as of Jan. 18, 2019. During any calendar year, Priority Income Fund will limit the number of shares it is offering to repurchase to 20% of the weighted average number of outstanding shares during the prior calendar year.

The buyback offer is scheduled to expire Jan. 21, 2019, unless extended.