GraceKennedy Limited (GK) has advised that the Company repurchased 252,000 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 30-May-24 | 40,000 | JM$73.50 |
| 7-Jun-24 | 36 | JM$74.98 |
| 7-Jun-24 | 43 | JM$74.98 |
| 7-Jun-24 | 68 | JM$74.98 |
| 7-Jun-24 | 31,853 | JM$74.98 |
| 12-Jun-24 | 223 | JM$76.45 |
| 12-Jun-24 | 9,963 | JM$76.46 |
| 12-Jun-24 | 2,235 | JM$76.47 |
| 12-Jun-24 | 51,083 | JM$76.50 |
| 12-Jun-24 | 16,496 | JM$76.50 |
| 13-Jun-24 | 47,522 | JM$76.50 |
| 13-Jun-24 | 2,478 | JM$76.50 |
| 13-Jun-24 | 48,772 | JM$76.50 |
| 13-Jun-24 | 1,228 | JM$76.50 |
| Total | 252,000 |
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 13, 2024 is a total of 2,442,722 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
