GraceKennedy Limited (GK) has advised that the Company repurchased 380,231 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 16,023 | JM$73.94 |
| 18-Apr-24 | 3,862 | JM$73.94 |
| 18-Apr-24 | 1,500 | JM$73.94 |
| 18-Apr-24 | 33,004 | JM$73.95 |
| 18-Apr-24 | 15,496 | JM$73.95 |
| 19-Apr-24 | 5,121 | JM$73.75 |
| 19-Apr-24 | 14,666 | JM$73.75 |
| 19-Apr-24 | 30,331 | JM$73.75 |
| 19-Apr-24 | 30,330 | JM$73.75 |
| 19-Apr-24 | 4,673 | JM$73.75 |
| 22-Apr-24 | 11,407 | JM$73.00 |
| 22-Apr-24 | 593 | JM$73.00 |
| 22-Apr-24 | 15,157 | JM$73.00 |
| 22-Apr-24 | 7,843 | JM$73.00 |
| 22-Apr-24 | 10 | JM$73.00 |
| 29-Apr-24 | 7,030 | JM$73.00 |
| 29-Apr-24 | 7,970 | JM$73.00 |
| 29-Apr-24 | 7,780 | JM$73.00 |
| 29-Apr-24 | 15,750 | JM$73.00 |
| 29-Apr-24 | 6,470 | JM$73.00 |
| 29-Apr-24 | 9,280 | JM$73.00 |
| 29-Apr-24 | 5,720 | JM$73.00 |
| 30-Apr-24 | 10,000 | JM$73.94 |
| 30-Apr-24 | 10,000 | JM$72.90 |
| 30-Apr-24 | 29,761 | JM$72.90 |
| 30-Apr-24 | 239 | JM$73.00 |
| 30-Apr-24 | 100 | JM$73.00 |
| Total | 380,231 |
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 April 30, 2024 is a total of 1,957,722 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
