GraceKennedy Limited (GK) has advised that the Company repurchased 22,000 GraceKennedy shares under the ‘GraceKennedy Share Repurchase Programme’ as outlined below.

 

Date of Purchase No. of Shares Price
20-Nov-23 2,760 J$74.00
20-Nov-23       63 J$74.00
20-Nov-23 4,177 J$74.00
21-Nov-23 15,000 J$74.00
Total 22,000  

GraceKennedy further advised as follows:

  1. The purpose for the purchase – To enhance shareholder value
  2. The maximum intended repurchase – Up to 1% of the shares in issue (approximately 9,950,000 shares). The actual repurchased as at November 21 is a total of 22,000 shares
  3. The effective date of the purchase – Per table above
  4. The source of funding of the purchase – The Company’s Cash flows
  5. The method of effecting the purchase – On the open market via our brokers