GraceKennedy Limited (GK) has advised that the Company repurchased 100,966 GraceKennedy shares under the ‘GraceKennedy Share Repurchase Programme’ as outlined below.


Date of Purchase No. of Shares Price
29-Nov-23 100,966 J$73.00
Total 100,966  

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 number of shares repurchased as at November 29, 2023 is a total of 122,966 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