GraceKennedy Limited (GK) has advised that the Company repurchased 143,248 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 4-Sep-24 | 185 | JM$73.46 |
| 4-Sep-24 | 1,136 | JM$73.50 |
| 4-Sep-24 | 1,505 | JM$73.97 |
| 4-Sep-24 | 18,500 | JM$73.99 |
| 4-Sep-24 | 18,500 | JM$73.99 |
| 4-Sep-24 | 15,174 | JM$73.99 |
| 4-Sep-24 | 1,855 | JM$73.90 |
| 4-Sep-24 | 97 | JM$74.00 |
| 4-Sep-24 | 15,000 | JM$74.00 |
| 4-Sep-24 | 20,000 | JM$74.00 |
| 4-Sep-24 | 3,000 | JM$74.00 |
| 4-Sep-24 | 5,048 | JM$74.00 |
| 5-Sep-24 | 6,450 | JM$73.51 |
| 5-Sep-24 | 28,945 | JM$73.51 |
| 5-Sep-24 | 125 | JM$73.51 |
| 9-Sep-24 | 1,453 | JM$73.60 |
| 9-Sep-24 | 3,000 | JM$74.00 |
| 9-Sep-24 | 675 | JM$74.45 |
| 9-Sep-24 | 2,100 | JM$74.45 |
| 9-Sep-24 | 500 | JM$74.45 |
| Total | 143,248 |
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 September 9, 2024 is a total of 3,991,673 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
