GraceKennedy Limited (GK) has advised that the Company repurchased 47,093 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 12-Sep-24 | 1,345 | JM$73.60 |
| 12-Sep-24 | 387 | JM$73.62 |
| 12-Sep-24 | 2,692 | JM$73.80 |
| 12-Sep-24 | 2,772 | JM$73.80 |
| 12-Sep-24 | 3,670 | JM$73.80 |
| 12-Sep-24 | 1,000 | JM$73.80 |
| 12-Sep-24 | 1,000 | JM$73.80 |
| 12-Sep-24 | 1,664 | JM$73.80 |
| 12-Sep-24 | 470 | JM$73.90 |
| 19-Sep-24 | 489 | JM$73.90 |
| 19-Sep-24 | 191 | JM$73.90 |
| 19-Sep-24 | 452 | JM$73.95 |
| 19-Sep-24 | 3,000 | JM$73.43 |
| 19-Sep-24 | 27,961 | JM$73.50 |
| Total | 47,093 |
The Company further advises as follows:
- The purpose of the purchase – To enhance shareholder value
- The maximum intended repurchase – Up to 1% of the shares in issue (approximately 9,950,000 shares). The actual number of shares repurchased as at September 19, 2024 is a total of 4,038,766 shares
- The effective date of the purchase – Per table above
- The source of funding of the purchase – The Company’s cash flows
- The method of effecting the purchase – On the open market via our brokers
