GraceKennedy Limited (GK) has advised that the Company repurchased 150,000 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 14-Jun-24 | 26,980 | JM$74.00 |
| 14-Jun-24 | 8,020 | JM$74.00 |
| 14-Jun-24 | 66,980 | JM$74.00 |
| 14-Jun-24 | 33,020 | JM$74.00 |
| 14-Jun-24 | 11,272 | JM$74.00 |
| 14-Jun-24 | 23 | JM$76.49 |
| 14-Jun-24 | 3,705 | JM$76.50 |
| Total | 150,000 |
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 June 14, 2024 is a total of 2,592,722 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
